Do Second Chances Pay Off? Evidence from a Natural Experiment with Low-Achieving Students
Bizopoulou, Aspasia; Megalokonomou, Rigissa; Simion, Stefania (2022-03)
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Bizopoulou, Aspasia
Megalokonomou, Rigissa
Simion, Stefania
IZA Institute of Labor Economics
03 / 2022
Kuvaus
nonPeerReviewed
Tiivistelmä
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 imposed a performance threshold for admission into postsecondary education in Greece to estimate the effect of retaking exams on a range of outcomes. Using a fuzzy regression discontinuity design and novel administrative data, we find that low-achieving students who retake national exams improve their performance by half a standard deviation, but do not receive offers from higher quality postsecondary placements. The driving mechanism for these results stems from increased competition.
Tutkimusteema
Labour markets and education
JEL
J16, I21, I23
Avainsanat
postsecondary education admission, low-achieving students, exogenous policy, fuzzy regression discontinuity design
Kokoelmat
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