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Schooling and the Quality of Human Capital, Paperback / softback Book

Schooling and the Quality of Human Capital Paperback / softback

Part of the Kieler Studien - Kiel Studies series

Paperback / softback

Description

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.

Information

  • Format:Paperback / softback
  • Pages:228 pages, XVII, 228 p.
  • Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. K
  • Publication Date:
  • Category:
  • ISBN:9783662425862
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Information

  • Format:Paperback / softback
  • Pages:228 pages, XVII, 228 p.
  • Publisher:Springer-Verlag Berlin and Heidelberg GmbH & Co. K
  • Publication Date:
  • Category:
  • ISBN:9783662425862