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The Economics of International Differences in Educational Achievement
Hanushek, Eric A.; Woessmann, Ludger - 2021
An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10013316213
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Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
Hanushek, Eric A. - 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/10012765255
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Sample Selectivity and the Validity of International Student Achievement Tests in Economic Research
Hanushek, Eric A. - 2010
Critics of international student comparisons argue that results may be influenced by differences in the extent to which countries adequately sample their entire student populations. In this research note, we show that larger exclusion and non-response rates are related to better country average...
Persistent link: https://www.econbiz.de/10013144901
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Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA
Hanushek, Eric A.; Link, Sebastian; Woessmann, Ludger - 2021
Decentralization of decision-making is among the most intriguing recent school reforms, in part because countries went in opposite directions over the past decade and because prior evidence is inconclusive. We suggest that autonomy may be conducive to student achievement in well-developed...
Persistent link: https://www.econbiz.de/10013315949
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Pisa : What Makes the Difference? Explaining the Gap in Pisa Test Scores between Finland and Germany
Ammermueller, Andreas - 2008
The huge difference in the level and variance of student performance in the 2000 PISA study between Finland and Germany … scores than Finnish students. The results imply that early streaming in Germany penalizes students in lower school types and … school types. Overall, the variation in test scores can be explained much better by the observable characteristics in Germany …
Persistent link: https://www.econbiz.de/10014071300
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Self-Productivity and Complementarities in Human Development : Evidence from MARS
Blomeyer, Dorothea; Coneus, Katja; Laucht, Manfred; … - 2008
This paper investigates the role of self-productivity and home resources in capability formation from infancy to adolescence. In addition, we study the complementarities between basic cognitive, motor and noncognitive abilities and social as well as academic achievement. Our data are taken from...
Persistent link: https://www.econbiz.de/10014214808
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Optimal Policy and the Risk Properties of Human Capital Reconsidered
Anderberg, Dan - 2008
This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is demonstrated that a key feature of human capital investments is whether they increase or decrease wage risk. In a benchmark model it is shown that this feature alone determines...
Persistent link: https://www.econbiz.de/10012768814
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Fertility, Human Capital Accumulation, and the Pension System
Cremer, Helmuth; Gahvari, Firouz; Pestieau, Pierre - 2021
This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as they relate to pension systems. It considers as overlapping generations model in which every generation consists of high earners and low earners with the proportion of types being...
Persistent link: https://www.econbiz.de/10013316338
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Education : Optimal Choice and Efficient Policy
Richter, Wolfram F. - 2015
The research on earnings determination is based on the Mincer-Becker assumption that individuals decide on schooling by maximizing income. This paper offers an alternative and less restrictive approach based on utility maximization. Using this approach, we analyze the efficiency of education...
Persistent link: https://www.econbiz.de/10013020568
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Human Capital and the Feldstein-Horioka Puzzle
Katsimi, Margarita - 2007
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change
Persistent link: https://www.econbiz.de/10012777642