TY - RPRT AU - Patrinos, Harry Anthony TI - Returns to Education in Greece: Evidence from the 1977 Labor Market Survey Using the Greek Civil War as an Instrument PY - 2022/Sep/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 15541 UR - https://www.iza.org/index.php/publications/dp15541 AB - Greece experienced a devastating civil war in 1946-1949. This led to many deaths, economic losses, and severe reductions in schooling expenditures and attendance. Using an instrumental variables approach, we estimate the 1977 returns to schooling, showing that for those affected by the civil war, the returns to schooling are higher than the corresponding least squares estimate. KW - returns to education KW - instrumental variables KW - civil war KW - Greece ER -