Why do some people make better financial decisions than others do? The level of financial literacy plays an important role: Quality schooling that also deals with financial issues likewise leads to better financial decisions. However, many studies neglect how parenting also influences financial...

Warum treffen manche Leute bessere finanzielle Entscheidungen als andere? Eine wichtige Rolle spielt dabei das Niveau der Finanzbildung. Eine gute Schulbildung, die sich auch mit wirtschaftlichen Fragestellungen auseinandersetzt, führt ebenfalls zu besseren Finanzentscheidungen. Viele Studien...

There is evidence that many college graduates are employed in jobs for which a degree is not required, and in which the skills they learned in college are not being fully used. Most of the literature on educational or skill mismatch is based on cross-sectional data, providing information at just...

The combination of changing sleep patterns in adolescence and early school start times leaves secondary school classrooms filled with sleep-deprived students. Evidence is growing that having adolescents start school later in the morning improves grades and emotional well-being, and even reduces...

Efficiency is an important consideration for those who manage public services. Costs vary with output and with a variety of other factors. In the case of higher education, for example, factors include quality, student demographics, the scale and scope of the higher education provider, and the...

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 study...

Die Qualität der Bildung und nicht die Zahl an Bildungsjahren ist entscheidend für das Wirtschaftswachstum eines Landes. Studien deuten außerdem darauf hin, dass es vor allem die naturwissenschaftlichen Fächer und mathematischen Spitzenleistungen sind, die entscheidend zur wirtschaftlichen...

At the private university we analyze, the gap between white and black grade point averages falls by half between the students' freshmen and senior year. This outcome could suggest that affirmative action policies are playing a key role to reduce racial differences. However, this convergence...

We investigate the relationship between early school-leaving and parental education and paternal income using UK Labour Force Survey data. OLS estimation reveals modest effects of income, stronger effects of maternal education relative to paternal, and stronger effects on sons than daughters....

This paper extends the previous literature on the intergenerational transmission of human capital by exploiting variation in compulsory schooling reforms across nine European countries over the period 1920-1956. My empirical strategy follows an instrumental variable (IV) approach, instrumenting...