Publication:
Schooling and Labor Market Impacts of a Natural Policy Experiment

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dc.contributor.authorSakellariou, Chris
dc.contributor.authorPatrinos, Harry Anthony
dc.date.accessioned2013-06-26T18:12:27Z
dc.date.available2013-06-26T18:12:27Z
dc.date.issued2004-11
dc.description.abstractThe authors use a nationally representative household survey to estimate returns to schooling in Venezuela from instrumental variables based on a supply-side intervention in the education market. These estimates apply to a subgroup of liquidity-constrained individuals, in the spirit of the Local Average Treatment Effect (LATE) literature. Returns to schooling estimates which apply to a subgroup of individuals affected by the policy intervention may be more interesting from a policy perspective than the return to the "average" individual. The authors use an instrument based on the 1980 education reform (the Organic Law of Education) which provided for nine years of compulsory basic education. They also obtain alternative estimates using father's education as an instrument, in an attempt to derive high and low estimates of returns to schooling in Venezuela. The estimates are consistent with recent findings suggesting that the effect of education, at least for certain subgroups affected by a policy intervention, is as large, or larger than what is suggested by OLS estimates.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/11/5436084/schooling-labor-market-impacts-natural-policy-experiment
dc.identifier.doi10.1596/1813-9450-3460
dc.identifier.urihttps://hdl.handle.net/10986/14217
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relation.ispartofseriesPolicy Research Working Paper;No.3460
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectHOUSEHOLD SURVEYS
dc.subjectSCHOOLING
dc.subjectLABOR MARKET NEXUS
dc.subjectEDUCATION AIMS & OBJECTIVES
dc.subjectSUPPLY-SIDE POLICY
dc.subjectEDUCATION REFORM
dc.subjectLEGAL & REGULATORY FRAMEWORK
dc.subjectBASIC EDUCATION CURRICULUM
dc.subjectPARENT EDUCATION
dc.subjectPOLICY PLANNING
dc.subjectENDOGENOUS EDUCATION
dc.subjectTREATMENT EFFECTS
dc.titleSchooling and Labor Market Impacts of a Natural Policy Experimenten
dspace.entity.typePublication
okr.crosscuttingsolutionareaGender
okr.crossref.titleSchooling and Labor Market Impacts of a Natural Policy Experiment
okr.date.doiregistration2025-04-10T09:20:22.913599Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2004/11/5436084/schooling-labor-market-impacts-natural-policy-experiment
okr.globalpracticeEducation
okr.globalpracticeHealth, Nutrition, and Population
okr.guid974371468765342714
okr.identifier.doi10.1596/1813-9450-3460
okr.identifier.externaldocumentum000012009_20041129105639
okr.identifier.internaldocumentum5436084
okr.identifier.reportWPS3460
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/11/29/000012009_20041129105639/Rendered/PDF/WPS3460.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryVenezuela, Republica Bolivariana de
okr.topicHealth Monitoring and Evaluation
okr.topicCurriculum and Instruction
okr.topicGender::Gender and Education
okr.topicEducation::Education Reform and Management
okr.topicHealth, Nutrition and Population::Public Health Promotion
okr.topicTeaching and Learning
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isAuthorOfPublicationc9e7c391-9af8-566a-8bb3-cc917745467c
relation.isAuthorOfPublication.latestForDiscoveryc9e7c391-9af8-566a-8bb3-cc917745467c
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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