This paper surveys the theoretical approaches used in the literature to study the phenomenon of delayed graduation and university dropout. The classical human capital model does not contemplate failure, which the amended human capital model does. Delayed graduation and university dropout are two...

This paper surveys the theoretical approaches used in the literature to study the phenomenon of delayed graduation and university dropout. The classical human capital model does not contemplate failure, which the amended human capital model does. Delayed graduation and university dropout are two...

Each discipline has its own framing and conventions. Economics emphasises the identification of key variables and relationships and their estimation using quantitative research methods, with common reliance on econometrics. The approaches shape what is observed and any resulting policy...

Over the past fifty years, elected officials in the name of education reform have promulgated countless policies. Yet the nation continues to face insufficient seats for pre-K kids, and low performance and high dropout rates among older kids. These statistics are harshest for low income and...

This selection of E.G. West's papers contains a wealth of economic and philosophical analysis which can guide policymakers in the field of education. The papers show how state monopoly provision of education has led to a particular model of schooling which does not work for many of those who use...

The great majority of studies on the effect of school quality on academic outcomes do not take account of changes in student choices concerning effort if school quality, e.g. class size, changes. We show that empirical estimates of the "total" effect of changes in school quality could be quite...

This paper proposes a theory of education curriculum and analyzes its distributional impact on student learning outcomes. Different curricula represent horizontal differentiation in the education technology, thus a curriculum change has distributional effects across students. We test the model...

This paper proposes a quantile regression estimator for a panel data model with interactive effects potentially correlated with the independent variables. We provide conditions under which the slope parameter estimator is asymptotically Gaussian. Monte Carlo studies are carried out to...

We present a theory explaining the impact of ability tracking on academic performance based on grading policies. Our model distinguishes between initial ability, which is mainly determined by parental background, and eagerness to extend knowledge. We show that achievements of low ability...

We present a theory explaining the impact of ability tracking on academic performance based on grading policies. Our model distinguishes between initial ability, which is mainly determined by parental background, and eagerness to extend knowledge. We show that achievements of low ability...