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The Economics of International Differences in Educational Achievement

Hanushek, Eric A. - 2010

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/10013143681

Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA

Hanushek, Eric A. - 2011

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/10013117402

Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

Hanushek, Eric A. - 2009

We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...

Persistent link: https://www.econbiz.de/10013153507

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/10013143680

Human Capital Quality and Aggregate Income Differences : Development Accounting for U.S. States

Hanushek, Eric A. - 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/10013016365

General Education, Vocational Education, and Labor-Market Outcomes Over the Life-Cycle

Hanushek, Eric A. - 2011

Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...

Persistent link: https://www.econbiz.de/10013118533

Culture and Student Achievement : The Intertwined Roles of Patience and Risk-Taking

Hanushek, Eric A. - 2020

Patience and risk-taking – two cultural traits that steer intertemporal decision-making – are fundamental to human capital investment decisions. To understand how they contribute to international differences in student achievement, we combine PISA tests with the Global Preference Survey. We...

Persistent link: https://www.econbiz.de/10012828604

How Much Do Educational Outcomes Matter in OECD Countries?

Hanushek, Eric A. - 2011

Existing growth research provides little explanation for the very large differences in long-run growth performance across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of economic institutions and quantitative measures of...

Persistent link: https://www.econbiz.de/10013131931

Is Entrepreneurial Success Predictable? An Ex-Ante Analysis of the Character-Based Approach

Caliendo, Marco; Kritikos, Alexander - 2021

This paper empirically analyzes whether the character-based approach, which is based on the personality structure and the human capital of business founders, allows prediction of entrepreneurial success. A unique data set is used consisting of 414 previously unemployed persons whose personal...

Persistent link: https://www.econbiz.de/10013317164

Global Universal Basic Skills : Current Deficits and Implications for World Development

Gust, Sarah; Hanushek, Eric A.; 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 … skills for 159 countries that cover 98.1% of world population and 99.4% of world GDP. We find that at least two-thirds of the …

Persistent link: https://www.econbiz.de/10014243471