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Direct linkHisham M. Alhawal – ProQuest LLC, 2020
This paper describes the effects of workers' investments in their own education in light of the complementarity the Acemoglu (1997) and Redding (1996) showed to exist between R&D and education investments. Despite the different investment efforts that economies pour into their economies, many developing, and least developed countries are…
Descriptors: Research and Development, Science Education, Investment, Employees
Download full textBlanden, Jo; Doepke, Matthias; Stuhler, Jan – Centre for Economic Performance, 2022
This paper provides new evidence on educational inequality and reviews the literature on the causes and consequences of unequal education. We document large achievement gaps between children from different socio-economic backgrounds, show how patterns of educational inequality vary across countries, time, and generations, and establish a link…
Descriptors: Equal Education, Socioeconomic Status, Social Mobility, Economic Factors
Eric A. Hanushek; Lavinia Kinne; Philipp Lergetporer; Ludger Woessmann – Annenberg Institute for School Reform at Brown University, 2020
Patience and risk-taking -- two cultural traits that steer intertemporal decision-making -- are fundamental to human capital investment decisions. To understand how they contribute to international differences in student achievement, we combine PISA tests with the Global Preference Survey. We find that opposing effects of patience (positive) and…
Descriptors: Academic Achievement, Cultural Traits, Risk, Cross Cultural Studies
Hanushek, Eric A.; Woessmann, Ludger – OECD Publishing (NJ1), 2010
While many nations express a commitment to improved educational quality, education often slips down on the policy agenda. Because the benefits of educational investments are seen only in the future, it is possible to underestimate the value and the importance of improvements. This report uses recent economic modelling to relate cognitive…
Descriptors: Foreign Countries, Thinking Skills, Economic Progress, Relationship
