Automation and Education (News and Research 99)

Automation and labor market outcomes: the pivotal role of high-quality education Automation will be a boon or a catastrophe depending on whom you listen to. This paper proposes an overlapping-generations model with endogenous school choice in which the quality of a country's education system determines how well skill supply can respond to increased demand from … Continue reading Automation and Education (News and Research 99)

Human Capital (News and Research 98)

"Governments in pursuit of economic growth love to invest in physical capital... But they are typically far less interested in investing in human capital... That’s a mistake" @JimYongKim: The Human Capital Gap: Getting Governments to Invest in People Journal of Human Capital Volume 12, Number 2 | Summer 2018 Celebrating the Life and Work of Gary Becker … Continue reading Human Capital (News and Research 98)

Learning more, growing faster (News and Research 97)

June 2018 Indonesia Economic Quarterly: Learning more, growing faster  Indonesia’s economy continues to grow at a robust pace. Higher global commodity prices spurred stronger investment. Over the last 15 years school attainment has improved significantly but student learning remains below the levels of other countries in the region… …15 years of education reforms have helped … Continue reading Learning more, growing faster (News and Research 97)

Estimating the Return to Schooling (News and Research 96)

IZA World of Labor featured article: Estimating the return to schooling using the Mincer equation  Even after his death, a Nobel prize-winning economist is taking on inequality  Results-Based Financing Around the World: China: Understanding Effective Teaching Practices: RBF Around the World note and Full length paper | Indonesia: Results of Performance-Based School Grants Experiment: RBF Around the World … Continue reading Estimating the Return to Schooling (News and Research 96)

Education as Investment (News and Research 95)

Diploma remains the best guarantee for a good life (Diploma blijft de beste garantie op een goed leven) Onderwijs heeft de voorbije decennia een beter rendement gegarandeerd dan de aandelenmarkt. Dat is de conclusie van een onderzoek van George Psacharopoulos en Harry Patrinos, economen bij de Wereldbank, gebaseerd op een analyse van meer dan elfhonderd … Continue reading Education as Investment (News and Research 95)

Education Is Still a Good Investment (News and Research 94)

Recent World Bank Report Concludes that Education Is Still a Good Investment   As authors George Psacharopoulos and Harry Antony Patrinos write, “The concept of the rate of return on investment in education is very similar to that ... The Ultimate Consumer Good: Education Trends in China  Boasting the world’s largest population, its longest-ever run of … Continue reading Education Is Still a Good Investment (News and Research 94)