Progress in child mortality reduction and education attainment varies widely among oil-rich countries. This paper investigates the causes of this variation using an empirical model that departs from the available literature in allowing for explicit measurement of the impact of initial levels of...

The standard summary metric of education-based human capital used in macro analyses - the average number of years of schooling in a population - is based only on quantity. But ignoring schooling quality turns out to be a major omission. As recent research shows, students in different countries...