Authors
Joshua D Angrist, Alan B Krueger
Publication date
1991/11/1
Journal
The Quarterly Journal of Economics
Volume
106
Issue
4
Pages
979-1014
Publisher
MIT Press
Description
We establish that season of birth is related to educational attainment because of school start age policy and compulsory school attendance laws. Individuals born in the beginning of the year start school at an older age, and can therefore drop out after completing less schooling than individuals born near the end of the year. Roughly 25 percent of potential dropouts remain in school because of compulsory schooling laws. We estimate the impact of compulsory schooling on earnings by using quarter of birth as an instrument for education. The instrumental variables estimate of the return to education is close to the ordinary least squares estimate, suggesting that there is little bias in conventional estimates.
Total citations
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Scholar articles
JD Angrist, AB Krueger - Quarterly Journal of Economics, 1991