Abstract
In this note, we use the UK Labour Force Survey to estimate the wage return to an additional year of schooling for Scotland and Northern Ireland exploiting the 1972 Raising of the School Leaving Age (RoSLA). Prior literature on this topic has consistently ignored both countries in a UK context, likely due to an incorrect belief that they were not affected by the 1972 RoSLA until some years later. We demonstrate that both countries were affected by the education reform in 1972 and our estimates suggest a positive effect on hourly wages for Scotland.
| Original language | English |
|---|---|
| Pages (from-to) | 572-582 |
| Number of pages | 11 |
| Journal | Scottish Journal of Political Economy |
| Volume | 65 |
| Issue number | 5 |
| Early online date | 2 Aug 2018 |
| DOIs | |
| Publication status | Published - 30 Nov 2018 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 4 Quality Education
Keywords
- Returns to education
- Raising of the school leaving age
- Earnings
- Instrumental variables (IV)
- Scotland, Northern Ireland
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