Using a rich dataset of primary school students in the Netherlands, this paper investigates the heterogeneous effects of immigrant concentration in the classroom on the academic achievement of natives. To identify the treatment effect, it takes advantage of some features of the Dutch primary...

Using data from the Progress in International Reading Literacy Study (2006-PIRLS) and the Trends in International Mathematics and Science Study (2007-TIMSS), we investigate the impact of being a victim of school bullying on educational achievement for Italian students enrolled at the fourth and...

We investigate the size-related features of the production function of Polish primary schools. The interplay of small schools ineffectiveness and of organizational and social difficulties appearing in large schools implies that the relationship between school size and student achievement is...

In international comparative studies on academic achievement, the distinction between private government-dependent schools and private-independent schools has been proven particularly important for understanding the differences in the effectiveness of the private and public school sectors....

This paper explores the extent to which macro-level characteristics of destination countries, origin countries and immigrant communities can explain differences in the educational achievement of immigrant children. Using data from the 2003 PISA survey, we performed analyses on the mathematical...

In this paper we analyze class size effects in the case of primary schools in Poland. We use two empirical strategies to avoid endogeneity bias. First, we use average class size in a grade as an instrumental variable for actual class size. This allows us to control for within school selection of...

Development economics in recent years have become more people centric than before. It has rediscovered that human beings are both the means and the end of economic development process, and without Human Development that process becomes a hollow rhetoric. The maze of technical concepts and growth...

This paper is aimed at examining the theoretical determinants and empirical evidence on the use of derivatives in Latin America for risk management. The contingent claims, the development of their market, and their use, is undoubtedly one of the most powerful financial innovations available to...

This study investigates the existence of day of the week effects on stock returns in the Colombian Stock Exchange (CSE) for the period between June 2001 and March 2005. The Bogotá Stock Exchange was established in 1928. However, the two other main bourses in the country merged with this in 2001...

The issue of institutional support for innovations in Latin American countries has been examined in this paper. We use aprirori theoretical knowledge on this issue in order to derive one econometric model out of a theoretical framework. The influence on human capital variable on innovations...