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Global Universal Basic Skills : Current Deficits and Implications for World Development

Gust, Sarah; Hanushek, Eric Alan; Woessmann, Ludger - National Bureau of Economic Research - 2022

How far is the world away from ensuring that every child obtains the basic skills needed to be internationally … competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional … skills for 159 countries that cover 98.1% of world population and 99.4% of world GDP. We find that at least two-thirds of the …

Persistent link: https://www.econbiz.de/10013435128

Understanding Trends in Chinese Skill Premiums, 2007-2018

Hanushek, Eric Alan; Wang, Yuan; Zhang, Lei - National Bureau of Economic Research - 2023

The dramatic expansion of the education system and the transformation of the economy in China provide an opportunity to investigate how the labor market rewards skills. Between 2007 and 2018, the overall return to cognitive skills is virtually constant at 10%, whereas the college premium drops...

Persistent link: https://www.econbiz.de/10014322755

Where Do STEM Graduates Stem From? The Intergenerational Transmission of Comparative Skill Advantages

Hanushek, Eric Alan; Jacobs, Babs; Schwerdt, Guido; … - National Bureau of Economic Research - 2023

The standard economic model of occupational choice following a basic Roy model emphasizes individual selection and comparative advantage, but the sources of comparative advantage are not well understood. We employ a unique combination of Dutch survey and registry data that links math and...

Persistent link: https://www.econbiz.de/10014250203

Contexts of Convenience : Generalizing from Published Evaluations of School Finance Policies

Handel, Danielle V.; Hanushek, Eric Alan - National Bureau of Economic Research - 2023

Recent attention to the causal identification of spending impacts provides improved estimates of spending outcomes in a variety of circumstances, but the estimates are substantially different across studies. Half of the variation in estimated funding impact on test scores and over three-quarters...

Persistent link: https://www.econbiz.de/10014372410

Can Patience Account for Subnational Differences in Student Achievement? Regional Analysis with Facebook Interests

Hanushek, Eric Alan; Kinne, Lavinia; Sancassani, Pietro; … - National Bureau of Economic Research - 2023

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

Culture and Student Achievement : The Intertwined Roles of Patience and Risk-Taking

Hanushek, Eric Alan - 2020

Patience and risk-taking - two cultural traits that steer intertemporal decision-making - are fundamental to human capital investment decisions. To understand how they contribute to international differences in student achievement, we combine PISA tests with the Global Preference Survey. We find...

Persistent link: https://www.econbiz.de/10012481339