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The Economics of International Differences in Educational Achievement
Hanushek, Eric; Woessmann, Ludger - National Bureau of Economic Research (NBER) - 2010
An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...
Persistent link: https://www.econbiz.de/10008614655
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The Knowledge Trap: Human Capital and Development Reconsidered
Jones, Benjamin F. - National Bureau of Economic Research (NBER) - 2008
This paper presents a model where human capital differences - rather than technology differences - can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A "knowledge...
Persistent link: https://www.econbiz.de/10005575247
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The Returns to Education in China: Evidence from the 1986 Compulsory Education Law
Eggleston, Karen Nisa; Zeckhauser, Richard; Fang, Hai; … - National Bureau of Economic Research (NBER) - 2012
As China transforms from a socialist planned economy to a market-oriented economy, its returns to education are … for education: the China Compulsory Education Law of 1986. We use differences among provinces in the dates of effective … implementation of the compulsory education law to show that the law raised overall educational attainment in China by about 0.8 years …
Persistent link: https://www.econbiz.de/10010554894
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International Migration, Remittances, and Household Investment: Evidence from Philippine Migrants' Exchange Rate Shocks
Yang, Dean - National Bureau of Economic Research (NBER) - 2006
Millions of households in developing countries receive financial support from family members working overseas. How do migrant earnings affect origin-household investments? This paper examines Philippine households%u2019 responses to overseas members%u2019 economic shocks. Overseas Filipinos work...
Persistent link: https://www.econbiz.de/10005829433
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Human Capital Accounts: Choice of Rates and Construction of Volume Indices
Fraumeni, Barbara M. - National Bureau of Economic Research (NBER) - 2011
Both human capital and nonhuman capital play an important role in economic growth. Estimates of nonhuman (physical) capital exist for many more countries than for human capital. Recently there has been a significant increase in the number of countries for which estimates of human capital exist,...
Persistent link: https://www.econbiz.de/10008871142
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Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA
Hanushek, Eric; Woessmann, Ludger; Link, Susanne - National Bureau of Economic Research (NBER) - 2011
Decentralization of decision-making is among the most intriguing recent school reforms, in part because countries went in opposite directions over the past decade and because prior evidence is inconclusive. We suggest that autonomy may be conducive to student achievement in well-developed...
Persistent link: https://www.econbiz.de/10009372440
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School Resources and Educational Outcomes in Developing Countries: A Review of the Literature from 1990 to 2010
Glewwe, Paul William; Hanushek, Eric; Humpage, Sarah D.; … - National Bureau of Economic Research (NBER) - 2011
Developing countries spend hundreds of billions of dollars each year on schools, educational materials and teachers, but relatively little is known about how effective these expenditures are at increasing students' years of completed schooling and, more importantly, the skills that they learn...
Persistent link: https://www.econbiz.de/10009353484
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Up from Poverty? The 1832 Cherokee Land Lottery and the Long-run Distribution of Wealth
Bleakley, Hoyt; Ferrie, Joseph P. - National Bureau of Economic Research (NBER) - 2013
The state of Georgia allocated most of its land to the public through a system of lotteries. These episodes provide unusual opportunities to assess the long-term impact of large shocks to wealth, as winning was uncorrelated with individual characteristics and participation was nearly universal...
Persistent link: https://www.econbiz.de/10010692206
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Liberty for More: Finance and Educational Opportunities
Levine, Ross; Rubinstein, Yona - National Bureau of Economic Research (NBER) - 2013
Banking reforms--that reduced interest rates--boosted college enrollment rates among able students from middle class families. We define "able" students as those with learning aptitude scores in the top two-thirds of the U.S. population. We define "middle class" as families in which both parents...
Persistent link: https://www.econbiz.de/10010951111
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Shocking Behavior : Random Wealth in Antebellum Georgia and Human Capital Across Generations
Bleakley, Hoyt; Ferrie, Joseph P. - National Bureau of Economic Research (NBER) - 2013
Does the lack of wealth constrain parents' investments in the human capital of their descendants? We conduct a fifty-year followup of an episode in which such constraints would have been plausibly relaxed by a random allocation of wealth to families. We track descendants of those eligible to win...
Persistent link: https://www.econbiz.de/10010951333