What role does education play in economic growth? Conventional wisdom and macroeconomic theories posit that as a nation … topic has not found a strong relationship between education and economic growth. The purpose of this paper will be to …

also crucial. All these changes lead to a major rethinking of education and skill training throughout a person’s life. This … from these studies particularly in labor economics can shed light on new directions for lifelong education policies. …

also crucial. All these changes lead to a major rethinking of education and skill training throughout a person’s life. This … from these studies particularly in labor economics can shed light on new directions for lifelong education policies …

measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population … and the corresponding mean years of schooling (representing the quantity of education). In contrast to the existing … elasticity of the stock of human capital with respect to the quality of education is three to four times larger than for the …

This paper studies empirically the effect of education policies on human capital and per capita income. The results … suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and … universities, a lower student-to-teacher ratio, higher age of first tracking in secondary education and lower barriers to funding …

earmarked for education, may be insufficient to spark such investments when returns are high, and even lead to over …

public investments in education received by these adults during their schooling. This paper confirms existing evidence that … in primary education is associated with higher numeracy scores for those who went on to continue their education. Higher … investments in tertiary education are needed in order to fully realize the benefit of the investments in primary school. Family …

education (not considered here) would inflate them. Policies aimed at improving the quality of education and adult training will …

stock measure of human capital combining the quality and quantity of education and adult skills, this paper suggests that …