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.
| Autorius: | Ludger Wößmann |
| Serija: | Kieler Studien - Kiel Studies |
| Leidėjas: | Springer Berlin Heidelberg |
| Išleidimo metai: | 2014 |
| Knygos puslapių skaičius: | 252 |
| ISBN-10: | 3662425866 |
| ISBN-13: | 9783662425862 |
| Formatas: | 244 x 170 x 14 mm. Knyga minkštu viršeliu |
| Kalba: | Anglų |
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