RT Journal Article SR Electronic T1 The Human Capital Peace Dividend JF Journal of Human Resources JO J Hum Resour FD University of Wisconsin Press SP 0320-10805R2 DO 10.3368/jhr.59.1.0320-10805R2 A1 Mounu Prem A1 Juan F. Vargas A1 Olga Namen YR 2021 UL http://jhr.uwpress.org/content/early/2021/05/04/jhr.59.1.0320-10805R2.abstract AB While the literature has documented negative effects of conflict on educational outcomes, there is little evidence on the effect of conflict termination. We show how the permanent ceasefire declared by FARC’s insurgency during peace negotiations with the Colombian government caused a differential improvement on several educational outcomes in the areas affected by FARC violence prior to the ceasefire. These effects are not explained by peace building and post-war recovery investments, and they are only partially driven by wartime child soldiering. Instead, we find support for other mechanisms such as the postceasefire plummeting of victimization and new economic opportunities in treated areas.