Schooling and the Quality of Human Capital
Produktnummer:
183e3076dbae3b4bd8baa07cedca747d93
| Autor: | Wößmann, Ludger |
|---|---|
| Themengebiete: | Economic Development Economics of Education Empirics of Economic Growth Human Capital Schooling Quality |
| Veröffentlichungsdatum: | 23.08.2014 |
| EAN: | 9783662425862 |
| Sprache: | Englisch |
| Seitenzahl: | 228 |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Springer Berlin |
Produktinformationen "Schooling and the Quality of Human Capital"
This book presents a thorough economic analysis of both the determinants and the consequences of international differences in schooling quality. It is shown that cross-country differences in quality-adjusted human capital can account for a substantial part of the international variation in economic development. However, large increases in per-student spending over recent decades were not matched by increases in student achievement in most countries. In a simple principal-agent model, the book stresses the importance of institutional features of the schooling system such as central examinations, school autonomy, and private-sector competition. Microeconometric estimations based on data for more than a quarter of a million students reveal that international differences in these institutions, rather than differences in resources, can explain the large international differences in schooling quality.
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