Returns to education – Education, economics and public policy

The Learning Crisis: Three Years after COVID-19

The recently released results of TIMSS 2023 reveal significant variations in student performance across and within countries, with disparities strongly influenced by gender and family background. A recent study by researchers from Denmark, Germany, Poland, and the United States analyzed this new data alongside findings from previous cycles highlights a global learning crisis. For twoContinue reading “The Learning Crisis: Three Years after COVID-19”

Ukraine, Human Capital, and More

Ukraine, Human Capital, and More in my latest News and Research 307: Rapid Damage and Needs Assessment, Cost of war, Measuring Human Capital, private schools, returns to education

Returns to Education in the Public and Private Sectors in Europe and Central Asia

the effect of education on earnings is stronger in the private sector

Learning Recovery after COVID-19 in Europe and Central Asia

Learning Recovery after COVID-19 in Europe and Central Asia

Returns to Education in Russia

Returns to Education in Russia (News and Research 212) The World Bank ECA Education Global Practice has produced a new Policy Research Working Paper, entitled “Returns to Education in the Russian Federation: Some New Estimates,” written by Ekaterina Melianova, Suhas Parandekar, Harry Anthony Patrinos and Artëm Volgin. Back in communist times the contribution of educationContinue reading “Returns to Education in Russia”

Shanghai Consensus: A Report on the Global Conference on Equity and Excellence in Basic Education

At the Global Conference on Equity and Excellence in Basic Education, May 17-19, 2016, in Shanghai, China (co-hosted by the World Bank, Shanghai Normal University and the Shanghai Municipal Education Commission), we learned lessons from Shanghai, discussed challenges among participating countries (more than 25), and agreed to collaborate to promote education equity and excellence around the world.

Estimating the return to schooling using the Mincer equation

Published in IZA World of Labor “The Mincer equation gives comparable estimates of the average monetary returns of one additional year of education Elevator pitch The Mincer equation—arguably the most widely used in empirical work—can be used to explain a host of economic, and even non-economic, phenomena. One such application involves explaining (and estimating) employmentContinue reading “Estimating the return to schooling using the Mincer equation”

Returns to higher education around the world

In Steps Forward, Steps Backward: What to Make of the Government’s Plans for Higher Education Market Reform, edited by James Croft and Gabriel Heller Sahlgren of the Centre for the Study of Market Reform of Education, I write about the returns to education, with a focus on the United Kingdom and Europe. I offer analysis of theContinue reading “Returns to higher education around the world”