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Econometric Methods for Research in Education

Meghir, Costas - 2010

This paper reviews some of the econometric methods that have been used in the economics of education. The focus is on understanding how the assumptions made to justify and implement such methods relate to the underlying economic model and the interpretation of the results. We start by...

Persistent link: https://www.econbiz.de/10012462650

Public School Choice : An Economic Analysis

Barseghyan, Levon - 2014

Public school choice programs give households a free choice of public school and provide schools incentives to compete for students. Proponents of these programs argue that by the usual market logic, choice and competition will improve the quality of the education that schools provide. Critics...

Persistent link: https://www.econbiz.de/10012457965

Household Finance : Education, Permanent Income and Portfolio Choice

Cooper, Russell - 2013

This paper studies household financial choices: why are these decisions dependent on the education level of the household? A life cycle model is constructed to understand a rich set of facts about decisions of households with different levels of education attainment regarding stock market...

Persistent link: https://www.econbiz.de/10012459207

On The Political Economy Of Educational Vouchers

Epple, Dennis N. - 2012

Two significant challenges hamper analyses of the collective choice of educational vouchers. One is the multi-dimensional choice set arising from the interdependence of the voucher, public education spending, and taxation. Second, even absent a voucher, preferences over public spending are not...

Persistent link: https://www.econbiz.de/10012460673

Educational Production

Lazear, Edward P. - 1999

their classmates do worse. The theory presented below reconciles all of these facts by recognizing that classroom teaching … ranges away from equilibrium levels will adversely affect educational output. The theory argues for a particular non … by lowering class size. The theory provides a measurable and operational way to define school quality that can be tested …

Persistent link: https://www.econbiz.de/10012471435

Education and Borrowing Constraints : Tests vs. Prices

Fernandez, Raquel - 1998

This paper examines the properties of exams and markets as alternative allocation devices under borrowing constraints. Exams dominate markets in terms of matching efficiency. Whether aggregate consumption is greater under exams than under markets depends on the power of the exam technology; for...

Persistent link: https://www.econbiz.de/10012472222

Experimental Estimates of Education Production Functions

Krueger, Alan B. - 1997

This paper analyzes data from Project STAR, an experiment in which 11,600 Tennessee kindergarten students and teachers were randomly assigned to one of three types of classes beginning in the 1985-86 school year: small classes (13-17 students), regular-size classes (22-25 students) teacher's...

Persistent link: https://www.econbiz.de/10012472763

Earnings, Schooling, and Ability Revisited

Card, David - 1994

This paper presents a survey and interpretation of recent research on the return to education. The empirical findings in a series of current papers suggest that the causal effect of education on earnings is understated by standard estimation methods. Using a simple model of optimal schooling...

Persistent link: https://www.econbiz.de/10012474083

Human Capital Accumulation and Income Distribution

Fernandez, Raquel - 1992

The non-existence of credit markets implies that initial income is a determinant of who actually obtains an education. We consider the outcome of a process in which income is taxed to provide subsidies for education. and taxes are chosen by majority voting. We characterize the outcome as a...

Persistent link: https://www.econbiz.de/10012474986

Education and Self-Selection

Willis, Robert J. - 1978

A structural model of the demand for college attendance is derived from the theory of comparative advantage and recent … statistical models of self-selection and unobserved components. Estimates from NBER-Thorndike data strongly support the theory …

Persistent link: https://www.econbiz.de/10012478895