Showing 1 - 10 of 281
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...
Persistent link: https://www.econbiz.de/10003920009
education are decreasing. Resources may render positive effects at very low endowment levels prevailing in many developing … countries, but their effect is weak to non-existent in advanced countries. The missing resource-performance link in education …
Persistent link: https://www.econbiz.de/10011473860
The paper suggests that international differences in educational institutions explain the large international differences in student performance in cognitive achievement tests. A microeconometric student-level estimation based on data for more than 260,000 students from 39 countries reveals that...
Persistent link: https://www.econbiz.de/10011476923
economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible … evidence on which education policy reforms may be able to bring about the simulated improvements in educational outcomes …. -- education ; growth ; OECD ; cognitive skills ; projection …
Persistent link: https://www.econbiz.de/10009315299
, misspecifies the relationship between education and the stock of human capital. Based on human capital theory, the specification of … human capital should be extended to allow for decreasing returns to education and for differences in the quality of a year … of education. Cross-country differences in qualityadjusted human capital can account for about half the world …
Persistent link: https://www.econbiz.de/10011473489
Based on Baumol’s cost-disease model, we develop two alternative measures of the change in the productivity of schooling. Both productivity measures are based on changes in the relative price of schooling. We find that in most OECD countries the price of schooling has increased faster in...
Persistent link: https://www.econbiz.de/10011491109
Hanushek et al. (2021) test how country-level measures of patience and risk-taking from the Global Preference Survey predict student performance on the Programme for International Student Assessment (PISA) math test. They find that country-level patience positively predicts math test scores and...
Persistent link: https://www.econbiz.de/10014319731
We estimate the effect of class size on student performance in 18 countries, combining school fixed effects and instrumental variables to identify random class-size variation between two adjacent grades within individual schools. Conventional estimates of class-size effects are shown to be...
Persistent link: https://www.econbiz.de/10011411229
We employ a combination of school fixed effects and IV estimation to estimate the effect of class size on student performance in 18 countries. Using the random part of the class-size variation between two adjacent grades within individual schools allows us to identify causal class-size effects....
Persistent link: https://www.econbiz.de/10011474710
Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...
Persistent link: https://www.econbiz.de/10003920037