Schooling and the Quality of Human Capital

Gebonden Engels 2002 9783540438823
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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.

Specificaties

ISBN13:9783540438823
Taal:Engels
Bindwijze:gebonden
Uitgever:Springer Berlin Heidelberg

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Inhoudsopgave

<P>&nbsp;An Economic Analysis of Schooling.- The Quality of Human Capital and Economic Development.- The Missing Link between Expenditure and Schooling Quality.- Modeling the Production of Schooling Quality.- The Link between Institutions and Schooling Quality.- Implications for Schooling Policy.&nbsp;</P>

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€ 96,99
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        Schooling and the Quality of Human Capital