Showing 1 - 10 of 25
We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...
Persistent link: https://www.econbiz.de/10012765255
Does a high regional concentration of immigrants of the same ethnicity affect immigrant children's acquisition of host … exposure to a higher own-ethnic concentration impairs immigrant children's host-country language proficiency and increases … school dropout. A key mediating factor for this effect is parents' lower speaking proficiency in the host-country language …
Persistent link: https://www.econbiz.de/10012913554
We describe a “business as usual” (BAU) economy in which pollution is a by-product of productive activity by the current generation but “damages” production for future generations. Over time, conditions in the BAU economy become dire: it gets increasingly polluted, consumption falls and...
Persistent link: https://www.econbiz.de/10012981351
The welfare state is not merely a stand-in for missing markets; it can do a whole lot more. When generations overlap and the young must borrow to make educational investments, a dynamically-efficient welfare state, by taxing the middle-aged and offering a compensatory old-age pension, can...
Persistent link: https://www.econbiz.de/10013077021
Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...
Persistent link: https://www.econbiz.de/10012979542
Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...
Persistent link: https://www.econbiz.de/10013059025
positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on … subsequent earnings. We suggest that labor-market effects may be more imminent for students leaving school directly for the labor … that central exams are indeed associated with higher earnings for students from school types directly bound for the labor …
Persistent link: https://www.econbiz.de/10013315856
Lifelong learning is often promoted in ageing societies, but little is known about its returns or governments’ ability to advance it. This paper evaluates the effects of a large-scale randomized field experiment issuing vouchers for adult education in Switzerland. We find no significant...
Persistent link: https://www.econbiz.de/10013316101
rate versus just the steady-state income level – matters less than academic discussions suggest. We close by discussing …
Persistent link: https://www.econbiz.de/10013316138
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...
Persistent link: https://www.econbiz.de/10013119232