This paper develops a public education scheme that takes uncertainty aspects of private educational investments explicitly into account. In the author’s framework, the social merits of public education schemes are related to the lack of markets in which students can insure against educational...

This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading...

Gliederung: I. HISTORY AND DEFINITION OF INDICATORS 1. Bottani, Norberto/Tuijnman, Albert: International education indicators: framework, development and interpretation - 2. Bryk, Anthony/Hermanson, Kim: Observations on the structure, interpretation and use of education indicator systems - 3....

Using data from PISA 2006, this book analyzes to what extent investments in technology enhance educational outcomes. One of the most striking findings of this study is that the digital divide in education goes beyond the issue of access to technology. A new second form of digital divide has been...