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The Effect of Education on Old Age Cognitive Abilities

Evidence from a Regression Discontinuity Design

Bibliographic Data

ID9720459
AuthorsJames Banks (0000-0002-9726-8921, University of Manchester and IFS), Fabrizio Mazzonna (0000-0002-9065-0474, MEA at the Max‐Planck‐Institute for Social Law and Social Policy (MPISOC))
Year2012
Volume122
Issue560
Pages418-448
Publication date2012-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-0297.2012.02499.x
PMID22611283
PMCIDPMC3351837
OpenAlexW3122510247
LanguageEN
Citations received52
References cited38

In this paper we exploit the 1947 change to the minimum school-leaving age in England from 14 to 15, to evaluate the causal effect of a year of education on cognitive abilities at older ages. We use a regression discontinuity design analysis and find a large and significant effect of the reform on males' memory and executive functioning at older ages, using simple cognitive tests from the English Longitudinal Survey on Ageing (ELSA) as our outcome measures. This result is particularly remarkable since the reform had a powerful and immediate effect on about half the population of 14-year-olds. We investigate and discuss the potential channels by which this reform may have had its effects, as well as carrying out a full set of sensitivity analyses and robustness checks

Cognition · Computer security · Demographic economics · Economics · Exploit · Machine learning · Population · Population ageing · Regression analysis · Regression discontinuity design · Robustness (evolution · Sociology · Statistics · Computer Science · Demography · Health disparities and outcomes · Intergenerational and Educational Inequality Studies · Mathematics · Psychology · Retirement, Disability, and Employment

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Unique citing works52
Citations per year3,71
Citation span2012 - 2026 (15)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 50

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