This study investigates what factors determine students’ academic performance in five major economies in East Asia, using the dataset from the 2007 survey of Trends in International Mathematics and Science Study (TIMSS). We explicitly consider initial maturity differences, endogeneity of class...

This article empirically examines the external effect of family literacy on the earnings of illiterate workers. Considering recent findings that rural nonfarm sectors in developing countries are becoming more important in determining the welfare of households, this article tests two hypotheses:...