Schooling and the Quality of Human Capital (Paperback, Softcover reprint of the original 1st ed. 2002)

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.

General

Imprint:	Springer-Verlag
Country of origin:	Germany
Series:	Kieler Studien - Kiel Studies, 319
Release date:	September 2014
First published:	2002
Authors:	Ludger Woessmann
Dimensions:	244 x 170 x 13mm (L x W x T)
Format:	Paperback
Pages:	228
Edition:	Softcover reprint of the original 1st ed. 2002
ISBN-13:	978-3-662-42586-2
Categories:	Books > Business & Economics > Economics > General Promotions
LSN:	3-662-42586-6
Barcode:	9783662425862

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