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Do Second Chances Pay Off? Evidence from a Natural Experiment with Low-Achieving Students
IZA Discussion Papers : 15139 (IZA Institute of Labor Economics, 03 / 2022)In several countries, students who fail end-of-high-school high-stakes exams are faced with the choice of retaking them or forgoing postsecondary education. We explore exogenous variation generated by a 2006 policy that ...