ECON 30801 Lecture Notes - Lecture 5: Compulsory Education, Natural Experiment, Marginal Utility
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Identifying assumption: the affected treatment group and the unaffected control group are similar except some people got access/treatment and others didn"t d) (1) people who just missed access to schools are similar to those who get access to schools. 0 12 educ13 17 = treatment = e duc (0-12 years old in 1974) e) f) g) Indonesia vs. u. s. (3) poor economics, chapter 4. The demand for education: changing demand, changing demand is incredibly difficult because you need to change the. Gm opens a plant in tanzania: rct: demand for educated people (high human capital) increases, wages for educated people increase. Imagine that people underestimate returns to education rct increases these perceived benefits: why do people not realize the returns to education, kenyan education system - take kenya certificate of secondary. Important to have the infrastructure in place (schools, transportation, etc. )
