We provide a measure of equality of educational opportunity in 54 countries, estimated as the effect of family background on student performance in two international TIMSS tests. We then show how organizational features of the education system affect equality of educational opportunity. Our...

The basis for the empirical research on earnings determination is the Mincer equation. Individuals are assumed to make schooling decisions by maximizing earnings. Leisure costs of schooling and labour supply are neglected which has some empirically implausible implications. This paper shows a...

This review describes the research frontier on human capital and education in economics research. It delineates what is known and largely agreed, and what are the most promising lines for future research. The approach will be to explain clearly and precisely the research evidence, in a way that...

The paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government...

We use the PISA student-level achievement database to estimate international education production functions. Student characteristics, family backgrounds, home inputs, resources, teachers and institutions are all significantly related to math, science and reading achievement. Our models account...

This paper analyzes the effects of assignment to a one-year college preparatory program on academic performance in college. To measure the value added from pre-college programs, we use a large dataset of United States Naval Academy students from the 1988 to 2018 graduating classes, of which a...

Incomplete information is a commitment device for time consistency problems. In the context of time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effectiveness of public education as a second best policy.

Political regimes influence contents of education and criteria used to select and evaluate students. We study the impact of a socialist education on the likelihood of obtaining a college degree and on several labor market outcomes by exploiting the reorganization of the school system in East...

Many studies examine the importance of teachers in students' learning, but few exist on the contribution of principals. We measure the effect of principals on gains in primary test scores in North Carolina and estimate the standard deviation of principals' value added to be 0.12 -0.17. We find...

This study assesses the relationship between sleep quality and academic achievement. We survey college students about their sleep quality by means of the Pittsburgh Sleep Quality Index (PSQI) before the start of their first exam period at university. PSQI scores are matched with course marks in...