Education, economics and public policy

  Pedagogy versus school readiness: the impact of a randomized reading instruction intervention and community-based playgroup intervention on early grade reading outcomes in Tonga  Identifying cost-effective interventions to improve early literacy is vital to developing countries, given the importance of early literacy for an individual’s future education outcomes and subsequent human capital formation. This paperContinue reading “News and Research 27”

Education’s Role in Catalyzing Economic Development and Growth Despite the productivity slowdown in countries such as the United States, education remains one of the most powerful instruments for reducing poverty and inequality and for laying the basis for sustained economic growth. Recent evidence points to the need to make sure that the increasingly schooled populationContinue reading “Education’s Role in Catalyzing Economic Development and Growth”

Which region in the world has the smartest kids? According to the OECD, it’s East Asia  With the release last month of the latest PISA (Program for International Student Assessment) results by the OECD (Organisation for Economic Co-operation and Development), it is apparent that many of the highest achieving students in the world are inContinue reading “News and Research 26”

East Asia’s success is no miracle, and no secret at all. It is a result of hard work and good policy Submitted by Harry A. Patrinos On Thu, 01/12/2017 co-authors: Amer Hasan, Yilin Pan With the release last month of the latest PISA (Program for International Student Assessment) results by the OECD (Organisation for EconomicContinue reading “East Asia’s success is no miracle, and no secret at all. It is a result of hard work and good policy”

Rates of Return to Schooling in Thailand Using 2007–2010 data from Thailand’s National Labor Force Survey, this paper examines the rates of return to schooling. The Mincer-type rate of return to investment in schooling was estimated. The rates of return to schooling for work experience are significantly positive, but at a decreasing rate. Region ofContinue reading “News and Research 25”

  The Stagnant Wage Premium  The wage gap between college degree holders and workers without a degree has not grown in recent years, and a new study says the culprit is information technology’s displacement of “routine” jobs… Investing in the Future: Higher Education and the Rate of Return  High economic returns to higher education signalContinue reading “News and Research 24”