| Schooling and the Quality of Human Capital Softcover Repri Edition Contributor(s): Wößmann, Ludger (Author) |
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ISBN: 3662425866 ISBN-13: 9783662425862 Publisher: Springer OUR PRICE: $52.24 Product Type: Paperback - Other Formats Published: August 2014 |
| Additional Information |
| BISAC Categories: - Education | History - Business & Economics | Economics - General - Business & Economics | Development - Economic Development |
| Dewey: 370.9 |
| Series: Kieler Studien - Kiel Studies |
| Physical Information: 0.53" H x 6.69" W x 9.61" (0.90 lbs) 228 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |
