Similar Search Results

Chapter 2. The Economics of International Differences in Educational Achievement

Hanushek, Eric A.; Woessmann, Ludger - In: Handbook of the economics of education : volume 3, (pp. 89-200). 2011

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/10014025660

Student work during secondary education, educational achievement, and later employment : a dynamic approach

Baert, Stijn; Neyt, Brecht; Omey, Eddy; Verhaest, Dieter - In: Empirical economics : a quarterly journal of the … 63 (2022) 3, pp. 1605-1635

Persistent link: https://www.econbiz.de/10013440394

Vocational vs. general education and employment over the life cycle : new evidence from PIAAC

Hampf, Franziska; Woessmann, Ludger - In: CESifo economic studies : CESifo, a joint initiative of … 63 (2017) 3, pp. 255-269

rates across education type and age. An initial employment advantage of individuals with vocational compared to general …It has been argued that vocational education facilitates the school-to-work transition but reduces later adaptability … Competencies (PIAAC), we confirm such a trade-off over the life cycle in a difference-in-differences model that compares employment …

Persistent link: https://www.econbiz.de/10011778972

How much do educational outcomes matter in OECD countries?

Hanushek, Eric Alan; Woessmann, Ludger - 2010

economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible … evidence on which education policy reforms may be able to bring about the simulated improvements in educational outcomes …. -- education ; growth ; OECD ; cognitive skills ; projection …

Persistent link: https://www.econbiz.de/10008738436

Sample Selectivity and the Validity of International Student Achievement Tests in Economic Research

Hanushek, Eric; Woessmann, Ludger - National Bureau of Economic Research (NBER) - 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/10008601663

Dynamically optimal R&D subsidization

Grossmann, Volker; Steger, Thomas; Trimborn, Timo - In: Journal of Economic Dynamics and Control 37 (2013) 3, pp. 516-534

This paper characterizes the optimal time path of R&D and capital subsidization. Starting from the steady state under current R&D subsidization in the US, the R&D subsidy should significantly jump upwards and then slightly decrease over time. There is a small loss in welfare, however, from...

Persistent link: https://www.econbiz.de/10010870991

Oligarchic land ownership, entrepreneurship, and economic development

Falkinger, Josef; Grossmann, Volker - In: Journal of Development Economics 101 (2013) C, pp. 206-215

This paper develops a theory in which oligarchic ownership of land or other natural resources may impede entrepreneurship in the manufacturing sector and may thereby retard structural change and economic development. We show that, due to oligopsony power of owners in the agricultural labor...

Persistent link: https://www.econbiz.de/10010636569

Dualism and Cross-Country Growth Regressions

Temple, Jonathan; Woessmann, Ludger - C.E.P.R. Discussion Papers - 2006

, changes in the structure of employment can raise aggregate productivity. The models in the paper incorporate this effect in a …

Persistent link: https://www.econbiz.de/10005504477

Optimal growth policy: The role of skill heterogeneity

Grossmann, Volker; Steger, Thomas M. - In: Economics Letters 119 (2013) 2, pp. 162-164

A simple semi-endogenous growth model is employed to show that optimal subsidization of both R&D and capital costs is independent of the distribution of R&D skills in the workforce. This holds despite the empirically supported fact that a higher R&D subsidy rate raises wages of R&D workers.

Persistent link: https://www.econbiz.de/10010664117

Quantifying optimal growth policy

Grossmann, Volker; Steger, Thomas M.; Trimborn, Timo - In: Journal of public economic theory 18 (2016) 3, pp. 451-485

Persistent link: https://www.econbiz.de/10011487401