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This paper explores the many avenues by which schooling affects lifetime well-being. Experiences and skills acquired in school reverberate throughout life, not just through higher earnings. Schooling also affects the degree one enjoys work and the likelihood of being unemployed. It leads...
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As China transforms from a socialist planned economy to a market-oriented economy, its returns to education are … for education: the China Compulsory Education Law of 1986. We use differences among provinces in the dates of effective … implementation of the compulsory education law to show that the law raised overall educational attainment in China by about 0.8 years …
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households will respond to changes in school inputs. We present a dynamic household optimization model relating test scores to … school and household inputs, and test its predictions in two very different low-income country settings - Zambia and India …. We measure household spending changes and student test score gains in response to unanticipated as well as anticipated …
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Early research on the returns to higher education treated the postsecondary system as a monolith. In reality, postsecondary education in the United States and around the world is highly differentiated, with a variety of options that differ by credential (associates degree, bachelor's degree,...
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The foundations for successful child development are established in early childhood. Two main policy approaches for strengthening these foundations have been subsidized preschool programs and programs targeting the home environment. Our chapter reviews a large body of empirical work...
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