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Human capital quality and aggregate income differences : development accounting for US states

Hanushek, Eric Alan; Ruhose, Jens; Woessmann, Ludger - 2015

Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...

Persistent link: https://www.econbiz.de/10011283829

Coping with change : international differences in the returns to skills

Hanushek, Eric Alan; Schwerdt, Guido; Wiederhold, Simon; … - 2016

Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...

Persistent link: https://www.econbiz.de/10011544331

Global universal basic skills : current deficits and implications for world development

Gust, Sarah; Hanushek, Eric Alan; Woessmann, Ludger - 2022

How far is the world away from ensuring that every child obtains the basic skills needed to be internationally competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional achievement tests, we map achievement onto a common...

Persistent link: https://www.econbiz.de/10013418951

Financial sector development in Brunei Darussalam : depth, acces, and efficiency : a comparative analysis

Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2022

Financial sector development plays an important role in promoting economic growth and welfare of the citizen of a country. On the other hand, financial sector instability or vulnerability, can adversely affect the economic growth and cause major disruptions in the country. This paper examines...

Persistent link: https://www.econbiz.de/10013380870

Towards a macroprudential surveillance and remedial policy formulation system for monitoring financial crisis

Bhattacharyay, Biswanath - 2009

Several developing economies witnessed a large number of systemic financial and currency crises since the 1980s which resulted in severe economic, social, and political problems. The devastating impact of the 1982 and 1994-95 Mexican crises, the 1997-98 Asian financial crisis, the 1998 Russian...

Persistent link: https://www.econbiz.de/10003887495

Early warning system for economic and financial risks in Kazakhstan

Bhattacharyay, Biswanath; Dlugosch, Dennis; Kolb, Benedikt - 2009

composite indicators for the real economy, the banking sector, the overall financial sector and finally the international …

Persistent link: https://www.econbiz.de/10003897420

Economy wide impact of the trade integration between Japan and India : a computable general equilibrium analysis

Bhattacharyay, Biswanath; Mukhopadhyay, Kakali - 2013

, the study evaluates the economy wide impact of the proposed CEPA between India and Japan at 2020. The study has used a … leaks) in Japan in March 2011 will have short-term negative impacts on the economy but is unlikely to affect the expected … gains from CEPA between India and Japan. The short negative impact may be significant but in the long-run Japanese economy …

Persistent link: https://www.econbiz.de/10010227205

The value of smarter teachers : international evidence on teacher cognitive skills and student performance

Hanushek, Eric Alan; Piopiunik, Marc; Wiederhold, Simon - 2014

Differences in teacher quality are commonly cited as a key determinant of the huge international student performance gaps. However, convincing evidence on this relationship is still lacking, in part because it is unclear how to measure teacher quality consistently across countries. We use unique...

Persistent link: https://www.econbiz.de/10010462634

Do better schools lead to more growth? : cognitive skills, economic outcomes, and causation

Hanushek, Eric Alan; Woessmann, Ludger - 2009

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/10003806721

Schooling, cognitive skills, and the Latin American growth puzzle

Hanushek, Eric Alan; Woessmann, Ludger - 2009

Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...

Persistent link: https://www.econbiz.de/10003850158