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~institution:"Internationaler Währungsfonds"
~institution:"National Bureau of Economic Research"
~person:"Hanushek, Eric A."
~person:"Shleifer, Andrei"
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39
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1
The Value of Smarter Teachers : International Evidence on Teacher Cognitive Skills and Student Performance
Hanushek, Eric A.
-
2014
International differences in teacher quality are commonly hypothesized to be a key determinant of the large international student performance gaps, but lack of consistent quality measures has precluded testing this. We construct country-level measures of teacher cognitive skills using unique...
Persistent link: https://www.econbiz.de/10012457939
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2
Returns to Skills around the
World
: Evidence from PIAAC
Hanushek, Eric A.
-
2013
Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...
Persistent link: https://www.econbiz.de/10012458901
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3
How Much Do Educational Outcomes Matter in OECD Countries?
Hanushek, Eric A.
-
2010
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/10012462142
Saved in:
4
Quality-Consistent Estimates of International Returns to Skill
Hanushek, Eric A.
-
2006
Returns to education are traditionally estimated in a Mincer wage equation from the variation in schooling for a cross-section of individuals of different ages. Because individuals receive education at different time periods, when the quality of their education may not be identical, this method...
Persistent link: https://www.econbiz.de/10012465997
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5
Coping with Change : International Differences in the Returns to Skills
Hanushek, Eric A.
-
2016
Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...
Persistent link: https://www.econbiz.de/10012456023
Saved in:
6
Government Ownership of Banks
Porta, Rafael La
-
2000
In this paper, we investigate a neglected aspect of financial systems of many countries around the
world
: government … around the
world
. Second, such ownership is particularly significant in countries with low levels of per capita income …
Persistent link: https://www.econbiz.de/10012471151
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7
Investor Protection : Origins, Consequences, and Reform
Porta, Rafael La
-
1999
Recent research has documented large differences between countries in ownership concentration in publicly traded firms, in the breadth and depth of capital markets, in dividend policies, and in the access of firms to external finance. We suggest that there is a common element to the explanations...
Persistent link: https://www.econbiz.de/10012471353
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8
Investor Protection and Corporate Valuation
Porta, Rafael La
-
1999
We present a model of the effects of legal protection of minority shareholders and of cash flow ownership by a controlling shareholder on the valuation of firms. We then test this model using a sample of 371 large firms from 27 wealthy economies. Consistent with the model, we find evidence of...
Persistent link: https://www.econbiz.de/10012471382
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9
Measuring Property Rights Institutions
Djankov, Simeon
-
2020
, and more broadly with the Demsetz's (1967) approach to property rights institutions. Indeed, we document
world
…
Persistent link: https://www.econbiz.de/10012481142
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10
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 find...
Persistent link: https://www.econbiz.de/10012481339
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