This book is mainly a collection of selected papers presented at the International Conference on Economics of Education at the University of Tartu, Estonia. The contributions presented here illustrate the wide variety of issues as human and social capital, skills, education and research...

We study the effect of standardized external tests on students’ academic outcomes. We exploit the fact that only one of the 17 Spanish regions started doing and publishing the results of standardized tests in 2005 and apply a difference-in-difference methodology using outcomes of the PISA...