High School Clubs Participation and Earnings

28 Pages Posted: 27 Jan 2010 Last revised: 24 Mar 2010

See all articles by Vasilios D. Kosteas

Vasilios D. Kosteas

Cleveland State University - Department of Economics

Date Written: March 22, 2010

Abstract

This paper estimates the effect of participation in high school extracurricular activities on future earnings, making three important contributions to the existing literature: 1) it compares the earnings effects of participation in different types of clubs; 2) it investigates whether the effect of clubs participation is constant over time; and 3) it employs an instrumental variables approach in order to identify a causal link between clubs participation and wages. Using the NLSY79 dataset, I find that participation in high school clubs leads to higher future earnings. While previous studies have focused on athletics, I show that participation in both athletics and academic clubs have positive earnings effects. These results are robust to various estimation routines and robustness checks.

Keywords: earnings, high school clubs, NLSY, instrumental variables

JEL Classification: J31

Suggested Citation

Kosteas, Vasilios D., High School Clubs Participation and Earnings (March 22, 2010). Available at SSRN: https://ssrn.com/abstract=1542360 or http://dx.doi.org/10.2139/ssrn.1542360

Vasilios D. Kosteas (Contact Author)

Cleveland State University - Department of Economics ( email )

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