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Coping with change : international differences in the returns to skills

Hanushek, Eric Alan; Schwerdt, Guido; Wiederhold, Simon; … - 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/10011544331

The information value of central school exams

Schwerdt, Guido; Woessmann, Ludger - 2015

The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...

Persistent link: https://www.econbiz.de/10011283839

Returns to skills around the world : evidence from PIAAC

Hanushek, Eric Alan; Schwerdt, Guido; Wiederhold, Simon; … - 2014

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/10010235845

How much do educational outcomes matter in OECD countries?

Hanushek, Eric Alan; Woessmann, Ludger - 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/10008732340

Central school exit exams and labor-market outcomes

Piopiunik, Marc; Schwerdt, Guido; Woessmann, Ludger - 2012

Many countries use centralized exit exams as a governance devise of the school system. While abundant evidence suggests positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on subsequent earnings. We suggest that labor-market...

Persistent link: https://www.econbiz.de/10009621692

The legacy of Covid-19 in education

Werner, Katharina; Woessmann, Ludger - 2021

If school closures and social-distancing experiences during the Covid-19 pandemic impeded children's skill development, they may leave a lasting legacy in human capital. To understand the pandemic's effects on school children, this paper combines a review of the emerging international literature...

Persistent link: https://www.econbiz.de/10012649748

Does ignorance of economic returns and costs explain the educational aspiration gap? : evidence from representative survey experiments

Lergetporer, Philipp; Werner, Katharina; Woessmann, Ludger - 2018

. Experimental provision of return and cost information significantly increases educational aspirations. However, it does not close … the aspiration gap as university graduates respond even more strongly to the information treatment. Persistent effects in … a follow-up survey indicate that participants indeed process and remember the information. Differences in economic …

Persistent link: https://www.econbiz.de/10011825320

Skills, signals, and employability : an experimental investigation

Piopiunik, Marc; Schwerdt, Guido; Simon, Lisa; … - 2018

As skills of labor-market entrants are usually not directly observed by employers, individuals acquire skill signals. To study which signals are valued by employers, we simultaneously and independently randomize a broad range of skill signals on pairs of resumes of fictitious applicants among...

Persistent link: https://www.econbiz.de/10011789115

School competition and students' entrepreneurial intention : international evidence using historical Catholic roots of private schooling

Falck, Oliver; Woessmann, Ludger - 2010

School choice research mostly focuses on academic outcomes. Policymakers increasingly view entrepreneurial traits as a non-cognitive outcome important for economic growth. We use international PISA-2006 student-level data to estimate the effect of private-school competition on students’...

Persistent link: https://www.econbiz.de/10003975560

The impact of teacher subject knowledge on student achievement : evidence from within-teacher within-student variation

Metzler, Johannes; Woessmann, Ludger - 2010

Teachers differ greatly in how much they teach their students, but little is known about which teacher attributes account for this. We estimate the causal effect of teacher subject knowledge on student achievement using within-teacher within-student variation, exploiting a unique Peruvian...

Persistent link: https://www.econbiz.de/10003982015