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This paper identifies which investments in school facilities help students and are valued by homeowners. Using novel data on school district bonds, test scores, and house prices for 29 U.S. states and a research design that exploits close elections with staggered timing, we show that increased...
Persistent link: https://www.econbiz.de/10014468240
Decisions to invest in human capital depend on people's time preferences. We show that differences in patience are closely related to substantial subnational differences in educational achievement, leading to new perspectives on longstanding within-country disparities. We use social-media data -...
Persistent link: https://www.econbiz.de/10014372447
This chapter summarizes existing evidence on the link between education and innovation and presents open questions for … future research. After a brief review of theoretical frameworks on the link between education, innovation, and economic … growth, we explore three alternative policies to encourage innovation through education: expanding access to basic skills …
Persistent link: https://www.econbiz.de/10012496097