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This chapter examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. The contributions reviewed come from branches of economics as far apart as...
Persistent link: https://www.econbiz.de/10014023653
The early contributions to the microeconomic literature assume that only market goods yield utility, and that the only way adults can secure the consumption of these goods in old age is by saving. The more recent contributions recognize, however, that the elderly derive utility also from goods...
Persistent link: https://www.econbiz.de/10014023481
This paper provides unique evidence of a reversal of gender gaps in cognitive development in early childhood. We find steep caste and gender gradients and few substantive changes once children enter school. The gender gap, however, reverses its sign for the upper caste, with girls performing...
Persistent link: https://www.econbiz.de/10010784989
Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …
Persistent link: https://www.econbiz.de/10011430542
This chapter summarizes the recent literature on peer effects in student outcomes at the elementary, secondary, and post-secondary levels. Linear-in-means models find modest sized and statistically significant peer effects in test scores. But the linear-in-means model masks considerable...
Persistent link: https://www.econbiz.de/10014025658
This paper investigates if higher public spending in education and better teacher qualifications are related to student … investment in public education and higher teacher qualifications can help increase average performance and reduce the impact that … variation in education performance in Colombia, a relatively high percentage when compared to those found by other studies …
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