Showing 1 - 10 of 18
Persistent link: https://www.econbiz.de/10003497577
This paper investigates Becker, Hornung and Woessmann's recent claim that education had an important causal effect on … problems, notably the omission of relevant variables which leads to serious bias in the estimated effect of education. When … these problems are corrected, the conclusions of Becker, Hornung and Woessmann no longer hold. Education did not play an …
Persistent link: https://www.econbiz.de/10009691683
Persistent link: https://www.econbiz.de/10003364771
The conventional view, as expounded by sticky-price models, is that price adjustment determines the PPP reversion rate. This study examines the mechanism by which PPP deviations are corrected. Nominal exchange rate adjustment, not price adjustment, is shown to be the key engine governing the...
Persistent link: https://www.econbiz.de/10011507767
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
data mostly contradict the traditional view that education was a leading source of the seismic social phenomenon of … fixed effects account for time-invariant unobserved heterogeneity, education - but not income or urbanization - is …
Persistent link: https://www.econbiz.de/10010256208
uses the framework of an education production function to provide descriptive analysis of the extent to which different …
Persistent link: https://www.econbiz.de/10011489307
decentralized education finance and considerable residential mobility, exhibits regressive between-school sorting. Between …
Persistent link: https://www.econbiz.de/10011509528
This paper estimates the effects of family-background characteristics on student performance in the US and 17 Western European school systems. Family background has strong effects both in Europe and the United States, remarkably similar in size. France and Flemish Belgium achieve the most...
Persistent link: https://www.econbiz.de/10011402504
on the conceptual framework of an education production function, we cover evidence on child, parent, and school inputs …
Persistent link: https://www.econbiz.de/10012649748