NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Compulsory Education and the Benefits of Schooling

Melvin Stephens, Jr., Dou-Yan Yang

NBER Working Paper No. 19369
Issued in August 2013

---- Acknowledgements -----

We would like to thank John Bound, Kerwin Charles, Steve Haider, and seminar participants at Columbia University, Ohio State University, the University of Kentucky, and UM-MSU-UWO Labor Day for helpful comments and suggestions. An earlier version of this paper circulated with the title "Schooling Laws, School Quality, and the Returns to Schooling." The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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