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ECON 426 (30)
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Oreopoulos (2006) Summary: The compelling effects of compulsory schooling: evidence from Canada

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Department
Economics (Arts)
Course
ECON 426
Professor
Sonya Laszlo
Semester
Fall

Description
Daniel S. Goh (McGill ID: 260305028) ECON 426, Article Summary 9 November 2011 SUMMARY Title: The compelling effects of compulsory schooling: evidence from Canada Authors: Philip Oreopoulos Source: Canadian Journal of Economics Date: February 2006 Keywords: Human capital, compulsory schooling age benefits Main hypotheses/questions: • What are the effects and benefits of compulsory schooling in Canada? • To provide an alternative framework to evaluate the merits of compulsory schooling Main results: • An additional year of compulsory schooling will have an increase in annual income by 9-15%, and possess better skills, such as bilingualism and better work ethic. These changes are nearly uniform across cohorts and geographic regions • The opportunity cost of forgoing additional education by dropping out is very high because of these benefits Literature review: • References previous studies that have delved into individual and social gains of school attendance such as those by Angrist and Krueger (1991) and Acemoglu and Angrist (2002), especially in that of income • Other citations mention the effect of other outcomes, such as health (Lleras- Muney (2002)), civic activity (Milligan, Moretti, and Oreopoulos (2003)), and crime (Lochner and Moretti (2002)) Frontier: Policy making in youth human capital Data: • Dominion Bureau of Statistics (now Statistics Canada) for data on compulsory school requirements and Canadian census data More detailed hypotheses/facts/results/comments: • Allowing for exemptions for minimum school leavi
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