Labor Market Returns to the GED Using Regression Discontinuity Analysis
利用州行政数据，采用模糊断点回归方法处理重考问题，评估GED证书对高中辍学者的就业、收入和高等教育入学的影响。
We evaluate returns to General Educational Development (GED) certification for high school dropouts using state administrative data. We apply a fuzzy regression discontinuity method to account for test takers retaking the test. For women we find that GED certification has no statistically significant effect on either employment or earnings. For men we find a significant increase in earnings in the second year after taking the test but no impact in subsequent years. GED certification increases postsecondary school enrollment by 4-8 percentage points. Our results differ from regression discontinuity approaches that fail to account for test retaking.