Global education quality in 4 charts – Over the last century countries around the world have made huge progress in the expansion of schooling: While in 1870 there were just a few countries in which the average person had more than 4 years of education, today there are few countries in which the population hasContinue reading “Global Education Quality News and Research 104”
Human Capital News and Research 103
Just published! With George Psacharopoulos: Returns to investment in education: a decennial review of the global literature The Educate Girls DIB exceeded its goals: How did they do it and what does it mean? The first year was a scramble to get the program up and running, year two was full of stops and starts — itContinue reading “Human Capital News and Research 103”
Human Capital News and Research 102
Can Wall Street Learn to Love Human Capital? Last week at the New York Stock Exchange, JUST Capital, a not-for-profit organization, rang the opening bell. The celebration was to draw attention to their unlikely partnership with Goldman Sachs and the launch of an ETF that enables investors to put money behind an index rated on aContinue reading “Human Capital News and Research 102”
Human Capital News and Research 101
Education and wage inequality before and during the fiscal crisis The Greek labour market has undergone dramatic changes during the last 10 years. Wage inequality, especially at the bottom end of the earnings distribution, increased sharply. At the same time, the past trend towards educational upgrading of the labour force has further been boosted. InContinue reading “Human Capital News and Research 101”
Four Education Trends that Countries Everywhere Should Know About (News and Research 100)
Four Education Trends that Countries Everywhere Should Know About Recently, we reached out to education experts around the world to hear what they considered the most pressing issues facing our sector today. Surprisingly, they all said that little has changed in terms of our most common challenges. What was changing, they agreed, were the innovativeContinue reading “Four Education Trends that Countries Everywhere Should Know About (News and Research 100)”
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 fromContinue 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 BeckerContinue 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 helpedContinue 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 WorldContinue 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 elfhonderdContinue reading “Education as Investment (News and Research 95)”
Education, economics and public policy 