Moving forward will only be materialized through investing in the nation's human capital. Human capital investment, through public education expenditure, is generally contributes directly and indirectly to economic development. Hence, many governments across the globe are trying to improve human...

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...

The deleterious impact of institutions of direct legislation on student performance found in studies for both the U.S. and Switzerland has raised the question of what its transmission channels are. For the U.S., an increase in the ratio of administrative to instructional spending and larger...

We use data from the Texas Schools Microdata Panel (TSMP) to examine the extent to which dropouts use the GED as a route to post-secondary education. The paper develops a model pointing out the potential biases in estimating the effects of taking the GED path to postsecondary education. Lacking...

En diciembre de 2012 he publicado en esta serie de Documentos de Trabajo un paper en el cual analizaba 22 notas de opinión que había escrito a lo largo de casi dos años y medio en diversos matutinos porteños. De las mismas se podía concluir que la educación argentina se encontraba en...

En diciembre de 2012, 2013 y 2014 he publicado en la Serie Documentos de Trabajo de UCEMA tres papers en el cual analicé 58 notas de opinión que he publicado a lo largo de casi cuatro años y medio en diversos matutinos porteños, motivadas en eventos de nuestra realidad educativa. De las...

We try to identify which economic factors might be responsible for the large international differences in student performance. We present time series evidence for a number of European countries which suggests that rising educational expenditures obviously did not improve student performance....