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Do higher levels of education and skills in an area benefit wider society? : education benefits individuals, but the societal benefits are likely even greater

Winters, John V. - 2015

Formal schooling increases earnings and provides other individual benefits. However, societal benefits of education may … exceed individual benefits. Research finds that increased average education levels in an area are correlated with higher … earnings, even for locals with relatively little education. Science, technology, engineering, and mathematics (STEM) graduates …

Persistent link: https://www.econbiz.de/10011430542

What determines adult cognitive skills? : influences of pre-school, school, and post-school experiences in Guatemala

Behrman, Jere R.; Hoddinott, John; Maluccio, John A.; … - In: Latin American economic review : LAER ; official … 23 (2014), pp. 1-32

Most empirical investigations of the effects of cognitive skills assume that they are produced by schooling. Drawing on longitudinal data to estimate production functions for adult verbal and nonverbal cognitive skills, we find that: (1) School attainment has a significant and substantial effect...

Persistent link: https://www.econbiz.de/10010254285

Chapter 4. Peer Effects in Education: How Might They Work, How Big Are They and How Much Do We Know Thus Far?

Sacerdote, Bruce - In: Handbook of the economics of education : volume 3, (pp. 249-277). 2011

This chapter summarizes the recent literature on peer effects in student outcomes at the elementary, secondary, and post-secondary levels. Linear-in-means models find modest sized and statistically significant peer effects in test scores. But the linear-in-means model masks considerable...

Persistent link: https://www.econbiz.de/10014025658