Financial literacy is a competence that extends to many aspects of everyday life. The Great Recession has recently highlighted its relevance and the importance of financial literacy training in the school curricula. The authors use PISA 2015 data to investigate the link between financial education and young people's financial literacy across 15…

PISA is an influential international study of the achievement of 15-year-olds. It has a high profile across the devolved nations of the UK, with the results having a substantial impact upon education policy. Yet many of the technical details underpinning PISA remain poorly understood--particularly amongst non-specialists--including important…

In this paper we investigate the link between the language in which pupils take the Programme for International Student Assessment (PISA) test and the scores they achieve in this assessment, focusing upon the case of Wales. Using five rounds of PISA data and an instrumental variable approach, we show how pupils who took the test in Welsh score…

Grade retention has been the focus of the education debate in Spain for decades. On average, more than 30% of students have repeated at least one grade before they finish (or dropout from) their compulsory studies. The present research provides new evidence on this issue by investigating the influence of Spain's school entry age upon students'…

The purpose of large-scale international assessments is to compare educational achievement across countries. For such cross-national comparisons to be meaningful, the participating students must be representative of the target population. In this paper, we consider whether this is the case for Canada, a country widely recognised as high performing…

A substantial body of research suggests that young people's emotions -- both positive and negative -- are linked to a wide range of future outcomes. This paper contributes to this literature by investigating the link between young people's positive and negative emotions and their performance in high-stakes examinations. Using Programme for…

School inspections are a key component of the accountability system in many education systems, including England. The judgments and reports produced through these inspections are widely used by parents when they are choosing a school for their children. But should they be? This paper presents new evidence on this issue. We illustrate how parents…

Bandura's influential theory has been used to argue that teachers with high self-efficacy will be more effective at increasing pupil achievement--and a voluminous empirical literature has repeatedly documented associations consistent with this claim. However, few studies have considered whether these correlations reflect an underlying causal…

Unequal access to qualified teachers for children of different socioeconomic status--also known as inequitable teacher sorting--has been increasingly put forth as one potential factor contributing to the socioeconomic achievement gap. Despite this, few studies have investigated cross-national differences in teacher sorting, and none have examined…

It is well known that children who read more tend to achieve higher scores in academic reading tests. Much less is known, however, about the link between reading different types of text and young people's reading performance. We investigate this issue using the Programme for International Student Assessment (PISA) 2009 database, exploring the…

The Programme for International Student Assessment (PISA) is an important international study of 15-olds' knowledge and skills. New results are released every 3 years, and have a substantial impact upon education policy. Yet, despite its influence, the methodology underpinning PISA has received significant criticism. Much of this criticism has…

The Programme for International Student Assessment (PISA) is an important cross-national study of 15-year-olds' academic knowledge and skills. Educationalists and public policymakers eagerly await the tri-annual results, with particular interest in whether their country has moved up or slid down the international rankings, as compared to earlier…

The Programme for International Assessment (PISA) is an important cross-national study of 15-year olds academic achievement. Although it has traditionally been conducted using paper-and-pencil tests, the vast majority of countries will use computer-based assessment from 2015. In this paper, we consider how cross-country comparisons of children's…

The Programme for International Student Assessment (PISA) is an important international study of 15-year-olds' academic achievement. Although PISA has traditionally been used to draw comparisons across countries, there is growing interest in the production of regional (i.e. city,state, or provincial level) results. In this paper we present the…

Recent research has suggested significant negative effects of the Global Financial Crisis (GFC) on mental health and wellbeing. In this article, the authors suggest that the developmental period of late adolescence may be at particular risk of economic downturns. Harmonizing 4 longitudinal cohorts of Australian youth (N = 38,017), we estimate the…