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Schooling and the Quality of Human Capital

Springer Berlin,
Buch
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Kurzbeschreibung

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.

Details
Schlagworte

Titel: Schooling and the Quality of Human Capital
Autoren/Herausgeber: Ludger Wößmann
Aus der Reihe: Kieler Studien / Kiel Studies
Ausgabe: 2002

ISBN/EAN: 9783540438823

Seitenzahl: 228
Format: 23,5 x 15,5 cm
Produktform: Hardcover/Gebunden
Gewicht: 540 g
Sprache: Englisch

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