We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...

Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...

Im ifo Schnelldienst 23/2010 wurde über erste Ergebnisse einer neuen wirtschaftshistorischen Forschungsagenda, die historische Entwicklungsprozesse mit mikroökonometrischen Methoden untersucht, berichtet. Sie greift auf einmaliges Datenmaterial preußischer Volkszählungen zurück, das auf...

Im 19. Jahrhundert nahm Deutschland und insbesondere Preußen eine international führende Stellung in der Entwicklung seines Bildungssystems ein. Wenngleich diese Rolle deskriptiv gut dokumentiert ist, konnten ihre Ursachen sowie ihre Bedeutung für den wirtschaftlichen Entwicklungsprozess...

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

A recent literature highlights the uncertainty concerning whether economic growth has any causal protective effect on health and survival. But equal rates of growth often deliver unequal rates of poverty reduction and absolute deprivation is more clearly relevant. Using state-level panel data...

Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...

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...