The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic well-being, focusing on the role of...

The evaluation of educational programs has accelerated dramatically in the past quarter century. While such evaluations were once almost exclusively conducted in the U.S., they have broadened dramatically across many countries of the world. At the same time, the methodology has improved,...

Most analyses of teacher quality end without any assessment of the economic value of altered teacher quality. This paper combines information about teacher effectiveness with the economic impact of higher achievement. It begins with an overview of what is known about the relationship between...

Most empirical analyses of human capital have concentrated solely on the quantity of schooling attained by individuals, ignoring quality differences. This focus contrasts sharply with policy considerations that almost exclusively consider school quality issues. This paper presents basic evidence...

The role of schooling and school quality in the economy has become very confused, in part because of attempts to argue different positions on educational policy. Research demonstrates that school quality has a strong impact on individual earnings, on the distribution of income, and on overall...