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Returns to education are traditionally estimated in a Mincer wage equation from the variation in schooling for a cross-section of individuals of different ages. Because individuals receive education at different time periods, when the quality of their education may not be identical, this method...
Persistent link: https://www.econbiz.de/10012465997
The leading school reform policy in the United States revolves around strong accountability of schools with consequences for performance. The federal government's involvement through the No Child Left Behind Act of 2001 reinforces the prior movement of many states toward policies based on...
Persistent link: https://www.econbiz.de/10012468102
We develop a multi-agent model of the education production function where investments of students, parents, and … survey data and a mandate to randomly assign students to classrooms. Consistent with our model, we show that exposure to …
Persistent link: https://www.econbiz.de/10014544708
environments across the two areas, we find remarkably consistent results: in families with two or more children, second-born boys … the evidence rules out differences in health at birth and the quality of schools chosen for children. We do find that …
Persistent link: https://www.econbiz.de/10012455642
Most analyses of teacher quality end without any assessment of the economic value of altered teacher quality. This paper combines information about teacher effectiveness with the economic impact of higher achievement. It begins with an overview of what is known about the relationship between...
Persistent link: https://www.econbiz.de/10012462051
We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...
Persistent link: https://www.econbiz.de/10012464016
Using birth certificates matched to schooling records for Florida children born 1992-2002, we assess whether family … gap in neonatal health. We conclude that the gender gap among black children is larger than among white children in … substantial part because black children are raised in more disadvantaged families …
Persistent link: https://www.econbiz.de/10012456408
Analyses of income inequality have identified the importance of increased demand for worker skills, but … characterizations of worker skills by the amount of schooling attained do not capture important aspects of the widening income … quality is an important component of the changing income distribution. The central analysis focuses on how governmental …
Persistent link: https://www.econbiz.de/10012471333
This paper estimates the return to an elite university education over a college graduate's career using the CHIP 2013 data. We find a substantial premium for graduating from an elite Chinese university at job entry, but it declines quickly with labor market experience. This pattern is entirely...
Persistent link: https://www.econbiz.de/10012479905
rate versus just the steady-state income level - matters less than academic discussions suggest. We close by discussing …
Persistent link: https://www.econbiz.de/10012462142