American Economic Journal:
Applied Economics
ISSN 1945-7782 (Print) | ISSN 1945-7790 (Online)
The Long-Run Effects of Attending an Elite School: Evidence from the United Kingdom
American Economic Journal: Applied Economics
vol. 8,
no. 1, January 2016
(pp. 150–76)
Abstract
This paper estimates the impact of elite school attendance on long-run outcomes including completed education, income, and fertility. Our data consist of individuals born in the 1950s and educated in a UK district that assigned students to either elite or non-elite secondary schools. Using instrumental variables methods that exploit the school assignment formula, we find that elite school attendance had large impacts on completed education. Surprisingly, there are no significant effects on most labor market outcomes except for an increase in female income. By contrast, we document a large and significant negative impact on female fertility. (JEL I21, I24, I26, J13, J16, J24, J31)Citation
Clark, Damon, and Emilia Del Bono. 2016. "The Long-Run Effects of Attending an Elite School: Evidence from the United Kingdom." American Economic Journal: Applied Economics, 8 (1): 150–76. DOI: 10.1257/app.20130505Additional Materials
JEL Classification
- I21 Analysis of Education
- I24 Education and Inequality
- I26 Returns to Education
- J13 Fertility; Family Planning; Child Care; Children; Youth
- J16 Economics of Gender; Non-labor Discrimination
- J24 Human Capital; Skills; Occupational Choice; Labor Productivity
- J31 Wage Level and Structure; Wage Differentials
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