The Great Proletarian Cultural Revolution, Disruptions to Education, and the Returns to Schooling in Urban China
This paper provides new evidence on educational disruptions caused by the Cultural Revolution and identifies the returns to schooling in urban China by exploiting individual-level variation in the effects of city-wide disruptions to education. The return to college is estimated at 49.8% using a conventional ...
https://iems.ust.hk/publications/iems-working-papers/giles-the-great-proletarian-cultural-revolution-disruptions-to-education-and-the-returns-to-schooling-in-urban-china