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Title: Credit towards Graduation: The Impact of US Bank Deregulation on Human Capital Accumulation
Resulting in 1 citation.
1. Reilly, Patrick A.
Credit towards Graduation: The Impact of US Bank Deregulation on Human Capital Accumulation
North American Journal of Economics and Finance published online (17 October 2019): DOI: 10.1016/j.najef.2019.101085.
Also: https://www.sciencedirect.com/science/article/pii/S1062940819301524
Cohort(s): NLSY79
Publisher: Elsevier
Keyword(s): Geocoded Data; Government Regulation; High School Completion/Graduates; State-Level Data/Policy

Credit markets affect the real economy. It is important to identify unintended consequences of financial policies. This paper studies the impact of bank branching deregulation on high school graduation. The use of National Longitudinal Survey of Youth 1979 geocoded data focuses the results on three deregulations: Ohio in 1979, Connecticut in 1980, and Alabama in 1981. Discontinuities in treatment assignment at borders between deregulated states and regulated states identify the effect of banking deregulation on high school graduation. Using a regression discontinuity type set up called differences-in-discontinuities, results indicate significant increases in the likelihood of high school graduation for treated individuals. Analysis provides evidence of heterogeneous effects of bank branching deregulation based on skill level and income level.
Bibliography Citation
Reilly, Patrick A. "Credit towards Graduation: The Impact of US Bank Deregulation on Human Capital Accumulation." North American Journal of Economics and Finance published online (17 October 2019): DOI: 10.1016/j.najef.2019.101085.