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Schooling and the Quality of Human Capital

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Paperback, 228 blz. | Engels
Springer Berlin Heidelberg | 0e druk, 2014
ISBN13: 9783662425862
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Springer Berlin Heidelberg 0e druk, 2014 9783662425862
Onderdeel van serie Kieler Studien - Kiel Studies
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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.

Specificaties

ISBN13:9783662425862
Taal:Engels
Bindwijze:paperback
Aantal pagina's:228
Uitgever:Springer Berlin Heidelberg
Druk:0

Inhoudsopgave

<P>&nbsp;An Economic Analysis of Schooling.- The Quality of Human Capital and Economic Development.- The Missing Link between Expenditure and Schooling Quality.- Modeling the Production of Schooling Quality.- The Link between Institutions and Schooling Quality.- Implications for Schooling Policy.&nbsp;</P>

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        Schooling and the Quality of Human Capital