This book aims to contribute to the World Bank's education agenda by communicating research findings on the impact of education quality on economic growth. Eric Hanushek and Ludger Wößmann show that indeed the quality of education, rather than mere access to education, is what impacts economic...

"The authors analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. They embed these inequality-adjusted social welfare functions...

"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...

The study reviews the forces driving Mexico's inequality, in particular, the recent expansion in earnings inequality, emphasizing the roles of education on: establishing an analytical framework, that allows interaction between education, and labor market; examining the evolution of earnings...

The study reviews the forces driving Mexico's inequality, in particular, the recent expansion in earnings inequality, emphasizing the roles of education on: establishing an analytical framework, that allows interaction between education, and labor market; examining the evolution of earnings...

"The present study uses the GIDD, a CGE-microsimulation model for Global Income Distribution Dynamics, to understand the ex-ante dynamics of global income distribution. Three main robust results emerge. First, under a set of realistic assumptions, there will be a reduction in global income...

In Thailand, enhancing workforce skills and promoting innovation is part of the country's strategy to facilitate the transformation toward a more knowledge-intensive and creative economy generating good jobs. This report provides valuable insight for Thailand to develop the skills necessary to...

This education report is a compliment to the 2017 World Bank led Armenia Systematic Country Diagnostic (SCD), which focuses on how to improve shared prosperity and reduce poverty in Armenia. This report collates information from recent education studies addressing issues with skills development...

"The author assesses empirically the relationship between natural disaster risk and investment in education. Although the results in the empirical literature tend to be inconclusive, using model averaging methods in the framework of cross-country and panel regressions, this paper finds an...