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Persistence in the market risk premium : evidence across countries

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; … - 2020

This paper provides evidence on the degree of persistence of one of the key components of the CAPM, namely the market risk premium, as well as its volatility. The analysis applies fractional integration methods to data for the US, Germany and Japan, and for robustness purposes considers...

Persistent link: https://www.econbiz.de/10012199998

The golden hello and political transitions

Aidt, Toke; Albornoz, Facundo; Gassebner, Martin - 2012

have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version … transitions ; democracy ; autocracy ; IMF ; World Bank …

Persistent link: https://www.econbiz.de/10009630635

Measuring persistence of the world population : a fractional integration approach

Caporale, Guglielmo Maria; Infante, Juan; Rio, Marta del; … - 2023

world population over the period 1800-2016. The analysis is carried out for the original series, and also for its log …

Persistent link: https://www.econbiz.de/10013550205

Which school systems sort weaker students into smaller classes? : international evidence

West, Martin R.; Woessmann, Ludger - 2003

We examine whether the sorting of differently achieving students into differently sized classes results in a regressive or compensatory pattern of class sizes for a sample of national school systems. Sorting effects are identified by subtracting the causal effect of class size on performance...

Persistent link: https://www.econbiz.de/10011509528

What accounts for international differences in student performance? : a re-examination using PISA data

Fuchs, Thomas; Woessmann, Ludger - 2004

We use the PISA student-level achievement database to estimate international education production functions. Student characteristics, family backgrounds, home inputs, resources, teachers and institutions are all significantly related to math, science and reading achievement. Our models account...

Persistent link: https://www.econbiz.de/10011449993

Dualism and cross-country growth regressions

Temple, Jonathan; Woessmann, Ludger - 2004

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...

Persistent link: https://www.econbiz.de/10011451098

Virtually no effect? : different uses of classroom computers and their effect on student achievement

Falck, Oliver; Mang, Constantin; Woessmann, Ludger - 2015

Most studies find little to no effect of classroom computers on student achievement. We suggest that this null effect may combine positive effects of computer uses without equivalently effective alternative traditional teaching practices and negative effects of uses that substitute more...

Persistent link: https://www.econbiz.de/10010496971

Culture and student achievement: the intertwined roles of patience and risk-taking

Hanushek, Eric Alan; Kinne, Lavinia; Lergetporer, Philipp; … - 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/10012241063

Virtually no effect? : different uses of classroom computers and their effect on student achievement

Falck, Oliver; Mang, Constantin; Woessmann, Ludger - In: Oxford bulletin of economics and statistics 80 (2018) 1, pp. 1-38

Persistent link: https://www.econbiz.de/10011969547

The importance of school systems : evidence from international differences in student achievement

Woessmann, Ludger - 2016

Students in some countries do far better on international achievement tests than students in other countries. Is this all due to differences in what students bring with them to school - socio-economic background, cultural factors, and the like? Or do school systems make a difference? This essay...

Persistent link: https://www.econbiz.de/10011489307