Showing 1 - 10 of 12
Returns to education are traditionally estimated in a Mincer wage equation from the variation in schooling for a cross-section of individuals of different ages. Because individuals receive education at different time periods, when the quality of their education may not be identical, this method...
Persistent link: https://www.econbiz.de/10012465997
The leading school reform policy in the United States revolves around strong accountability of schools with consequences for performance. The federal government's involvement through the No Child Left Behind Act of 2001 reinforces the prior movement of many states toward policies based on...
Persistent link: https://www.econbiz.de/10012468102
Most analyses of teacher quality end without any assessment of the economic value of altered teacher quality. This paper combines information about teacher effectiveness with the economic impact of higher achievement. It begins with an overview of what is known about the relationship between...
Persistent link: https://www.econbiz.de/10012462051
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/10012464016
Analyses of income inequality have identified the importance of increased demand for worker skills, but … characterizations of worker skills by the amount of schooling attained do not capture important aspects of the widening income … quality is an important component of the changing income distribution. The central analysis focuses on how governmental …
Persistent link: https://www.econbiz.de/10012471333
Human capital is almost always identified as a crucial ingredient for growing economies, but empirical investigations of cross-national growth have done little to clarify the dimensions of relevant human capital or any implications for policy. This paper concentrates on the importance of labor...
Persistent link: https://www.econbiz.de/10012473468
This paper estimates the return to an elite university education over a college graduate's career using the CHIP 2013 data. We find a substantial premium for graduating from an elite Chinese university at job entry, but it declines quickly with labor market experience. This pattern is entirely...
Persistent link: https://www.econbiz.de/10012479905
grade is higher for students with higher initial achievement and that specific teacher and peer characteristics including …
Persistent link: https://www.econbiz.de/10012464436
, on the distribution of income, and on overall economic growth. In contrast to these long run factors, today's school ….S. students …
Persistent link: https://www.econbiz.de/10012469642
rate versus just the steady-state income level - matters less than academic discussions suggest. We close by discussing …
Persistent link: https://www.econbiz.de/10012462142