Showing 1 - 10 of 299
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
Persistent link: https://www.econbiz.de/10013261085
Persistent link: https://www.econbiz.de/10013261145
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
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
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
Persistent link: https://www.econbiz.de/10013261108
, 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
Persistent link: https://www.econbiz.de/10013261038
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