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How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes the various layers that connect R&D subsidies and higher education policy to productivity growth. We put the development of scarce talent and career choice at the center of a...
Persistent link: https://www.econbiz.de/10012481166
Both the anomalies of education history, and its less surprising contrasts, fit broad patterns that can be revealed and partially explained using low-tech methods. Over most of human history, contrasts in the output of education were driven mainly by contrasts in the supply of tax support for...
Persistent link: https://www.econbiz.de/10012463158
European economic growth has been weak, compared to the US, since the 80s. In previous work (Krueger and Kumar, 2003), we argued that the European focus on specialized, vocational education might have been effective during the 60s and 70s, but resulted in a growth gap relative to the US during...
Persistent link: https://www.econbiz.de/10012468711
In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain either a concept-based, general' education or a skill-specific, vocational' education. General education is more costly to obtain, but enables workers to operate new technologies...
Persistent link: https://www.econbiz.de/10012469295
This chapter summarizes existing evidence on the link between education and innovation and presents open questions for future research. After a brief review of theoretical frameworks on the link between education, innovation, and economic growth, we explore three alternative policies to...
Persistent link: https://www.econbiz.de/10012496097
"Empirical studies of the relationship between school inputs and test scores typically do not account for the fact that households will respond to changes in school inputs. We present a dynamic household optimization model relating test scores to school and household inputs, and test its...
Persistent link: https://www.econbiz.de/10011394918
The Right to Education Act in 2009 guaranteed access to free primary education for all children in India ages 6-14. This paper investigates whether national trends in educational data changed around the time of this law using household surveys and administrative data. We document four trends:...
Persistent link: https://www.econbiz.de/10012479561
India took a decisive step towards universal basic education by proclaiming a constitutionally-guaranteed Right to Education (RTE) Act in 2009 that called for full access of children aged 6-14 to free schooling. This paper considers the offsetting effects to RTE from induced expansion of private...
Persistent link: https://www.econbiz.de/10012481572
Despite growing interest in improving early-childhood education in developing countries, there is little evidence on cost-effective ways of doing so at scale. We use a large-scale randomized experiment to study the impact of adding an extra worker focused on pre-school education (for children...
Persistent link: https://www.econbiz.de/10012533329
We conduct a randomized controlled trial of an Indian school library program. Overall, the program had no impact on students' scores on a language skills test administered after 16 months. The estimates are sufficiently precise to rule out effects larger than 0.053 and 0.037 standard deviations,...
Persistent link: https://www.econbiz.de/10012460477