Plausibly Exogenous [1873] - Oil Discovery (03/20/2025)

LHS Variable
Children’s education

RHS Variable
Family income

Source of Exogenous Variation
Major oil discovery in the North Sea in the end of 1969 as a huge boost to Rogaland, Norway

- Loken (2010), “Family income and children's education: Using the Norwegian oil boom as a natural experiment”