This paper develops a comprehensive framework for the quantitative analysis of the private and fiscal returns to schooling and of the effect of public policies on private incentives to invest in education. This framework is applied to 14 member states of the European Union. For each of these...

Die Bildungsreformen der sechziger Jahre sollten das Bildungsniveau der Westdeutschen anheben. Die Analyse der Daten des Mikrozensus weist darauf hin, dass die durch die Bildungsreformen intendierte Bildungsexpansion schon vor 1960 begonnen hat. Mit dem Conditional Mean Independence Ansatz...

In 2000, the OECD began the Programme for International Student Assessment (PISA), a triennial survey of the knowledge and skills of 15-year-olds. For each survey, Canadian students placed well above the OECD average and remain among the top performers for each domain assessed (reading, math and...

A fundamental question for education policy is whether outcomes-based accountability including comprehensive educator evaluations and a closer relationship between effectiveness and compensation improves the quality of instruction and raises achievement. We use synthetic control methods to study...

Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (Armed Forces Qualification Tests scores), and unobserved heterogeneity,...