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Education has been one of the key determinants of economic growth around the world since 1965. In this paper, we discuss three different measures of education, and consider their relationship to the distribution of income as measured by the Gini coefficient as well as to economic growth across...
Persistent link: https://www.econbiz.de/10011506215
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given level...
Persistent link: https://www.econbiz.de/10011409838
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
Education can serve skill formation and socialisation goals both of which are conducive to desirable economic outcomes. However, the political manipulation of the school curricula can give rise to indoctrination effects with counterproductive welfare consequences on its pupils. This paper...
Persistent link: https://www.econbiz.de/10012388095
Decisions about admission to selective schools usually rely on performance measures. To reach a required achievement threshold students may make use of additional resources, such as private tutoring. We investigate how the use of private tutoring relates to the transition probability to an...
Persistent link: https://www.econbiz.de/10013419362
A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established …
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