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The DOI matches its Crossref record; 53 of the 53 references it cites were found in a registry or an index.

How Large Are Human-Capital Externalities? Evidence from Compulsory Schooling Laws

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Acemoglu, Daron, Angrist, Joshua·2000·NBER Macroeconomics Annual

Abstract

Many economists and policymakers believe that education creates positive externalities. Indeed, average schooling in U.S. states is highly correlated with state wage levels, even after controlling for the direct effect of schooling on individual wages. We use variation in child labor laws and compulsory attendance laws over time and across states to investigate whether this relationship is causal. Our results show external returns to education around 1% and not significantly different from zero.

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Metadata

Authors
Acemoglu, D., & Angrist, J.
Venue
NBER Macroeconomics Annual
Published
2000-01
Volume
15
Pages
9-59
ISSN
  • 0889-3365 (ISSN-L)
  • 1537-2642
OpenAlex
W1999094358
Cited by
744
References
53
FWCI
25.47
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: How Large Are Human-Capital Externalities? Evidence from Compulsory Schooling Laws. https://app.cochat.ai/papers/10.1086/654403
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Acemoglu, D., & Angrist, J. (2000). How Large Are Human-Capital Externalities? Evidence from Compulsory Schooling Laws. NBER Macroeconomics Annual. https://doi.org/10.1086/654403

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