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, misspecifies the relationship between education and the stock of human capital. Based on human capital theory, the specification of …
Persistent link: https://www.econbiz.de/10011473489
In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country’s development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann...
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, misspecifies the relationship between education and the stock of human capital. Based on human capital theory, the specification of …
Persistent link: https://www.econbiz.de/10014144127
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We estimate the effect of class size on student performance in 18 countries, combining school fixed effects and instrumental variables to identify random class-size variation between two adjacent grades within individual schools. Conventional estimates of class-size effects are shown to be...
Persistent link: https://www.econbiz.de/10011411229
We examine whether the sorting of differently achieving students into differently sized classes results in a regressive or compensatory pattern of class sizes for a sample of national school systems. Sorting effects are identified by subtracting the causal effect of class size on performance...
Persistent link: https://www.econbiz.de/10011509528
We use the PISA student-level achievement database to estimate international education production functions. Student characteristics, family backgrounds, home inputs, resources, teachers and institutions are all significantly related to math, science and reading achievement. Our models account...
Persistent link: https://www.econbiz.de/10011449993