We analyze the economic returns to different postsecondary degrees in Chile. We posit a schooling decision model with unobserved ability, observed test scores and labor market outcomes. We benefit from administrative records to carry out our empirical strategy. Our results show positive average...

Data on millions of SAT-takers show only half retake the exam, with even lower retake rates among low income and underrepresented minority students. Scoring below multiples of 100 increases retaking, implying some students have round number target scores. Regression discontinuity evidence finds...

Concerned about low levels of financial literacy among teens and the importance of their looming financial decisions as emerging adults, state policymakers have expanded high school personal finance graduation requirements. Did these added requirements create an additional barrier for students?...

Human capital accumulation and technological change were to the twentieth century what physical capital accumulation was to the nineteenth century -- the engine of growth. The accumulation of human capital accounts for almost 60% of all capital formation and 28% of the per capita growth residual...

Deutschland und die Schweiz hatten lange Zeit ähnliche (Aus-)Bildungssysteme mit klarer Trennung zwischen allgemeiner und beruflicher Bildung. Beide Länder haben ihre Systeme an die Herausforderungen der Globalisierung und des Strukturwandels auf verschiedene Weise angepasst. Vor diesem...

We present experimental evidence on the impact of a technology-aided after-school instruction program on learning outcomes in middle school grades in urban India, using a lottery that provided students with a voucher to cover program costs. A key feature of the program was its ability to...