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COMPULSORY SCHOOLINGTHE CONCEPTUAL
A GENERAL MODEL OF EDUCATIONAL DECISION
THE BENEFITS OF SCHOOLING INVESTMENTThe
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16-year olds allocation analysis assumed average Census Census of Population Chapter Coefficient of Determination compulsory attendance law compulsory schooling laws compulsory schooling legislation compulsory schooling standard conceptualized Corrected Coef correlation cost per dropout decision-making differences drop dropout prevention programs earnings return EDUC EXP educational attainment efficient enforcement cost enrolled in school enrollment of 16-year enrollment rate equation Eric Hanushek estimated evaluation of compulsory exemption findings grade grade retention grade-equivalent achievement high school dropouts human capital hypothesis implies Independent Variable Coefficient input intervention J. S. Mill Jerald G Level Constant Level of F-Ratio Linda N ln(l males market failure minimum schooling standard non-continuing graduates Non-student NONGRADS per-pupil percent private rate production function Project Talent proxy quantity rate of return relationship school enrollment schooling completed shadow price social rate subsidy-type alternatives suggest Table tax-subsidy alternatives truancy unadjusted upper age limits URBAN variation Weisbrod