This study sought to examine the direct and indirect influences of school climate characteristics and the mediating role of teacher professional identity to the development of teachers' professional capital using data from 302 primary and middle school teachers of Banja "woreda," Amhara Region, Ethiopia. Results of Structural Equation…

This paper studies how students' financial literacy affects their perceptions of returns to schooling and consequently their schooling decisions. We first propose a model of human capital accumulation where financially illiterate students exhibit a cognitive bias of "ironing heuristic." With this decision heuristic, students tend to…

This paper used graduation statistics of the Namibian secondary higher education over two decades to determine linkages to human capital of the youth and its multiplication into economic development. The paper assessed the effect of regional differences to show historic educational discrimination and why the education reform was required to…

This paper develops a new measure of human capital, calculated as a cohort-weighted average of the quality of education (PISA scores) and the quantity of education (mean years of schooling). Contrary to the existing studies, the relative weights of quality and quantity are estimated (and not calibrated). The quality of education is estimated to be…

This study evaluates Mankiw, Romer and Weil's augmented neoclassical growth model with human capital for Iceland. Moreover, we differentiate between the impact of upper-secondary and tertiary education. Both unrestricted and restricted regressions show that human capital stimulates real GDP per capita changes. The value of the elasticity of output…

Extending recent analyses using PISA data, the current study utilises the OECD's Survey of Adult Skills (PIAAC) to test the central claims of knowledge capital theory. PIAAC has a distinct advantage over PISA in that it more directly tests levels of purported 'knowledge capital' across an entire national workforce, rather than offering…

We use a novel database of student teaching placements in Washington State to investigate teachers' transitions from student teaching classrooms to first job classrooms and the implications for student achievement. We find that first-year teachers are more effective when they are teaching in the same grade, in the same school level, or in a…

Founded on several highly influential quantitative studies, the past decade has witnessed the OECD and World Bank increasingly converge on the view that cognitive levels of students and education quality, as proxied by international large-scale assessments (ILSAs), are the primary determinant of national economic growth worldwide. More recent OECD…

Diploma and degree completion have become the fundamental standard for judging the performance of secondary and postsecondary educational institutions. Increasingly, leaders of education and workforce policy and programs assume that these measures of attainment effectively serve as indicators of adequate levels of essential literacy and numeracy…

High school graduation rates have increased dramatically in the past two decades. Some skepticism has arisen, however, because of the confluence of the graduation rise and the starts of high-stakes accountability for graduation rates with "No Child Left Behind" (NCLB). In this study we provide some of the first evidence about the role of…

Purpose: Every September, millions of students--elite human resources--enter higher education in China. This large-scale college-induced migration has substantial impacts on China's national and local labor markets. This study examines the migration pattern in college choice and admission among the Hui students in China. In doing so, we extend the…

Using newly available data from the Trajectories in Education and Careers Study, the first longitudinal study on a representative sample of high school students in Russia, we examined the importance of investments in human and cultural capital on students' mathematics and reading standardized examinations, as well as on the likelihood of…

The accession of Eastern European countries to the European Union increased family wealth and the returns to schooling. I analyze the change in student achievement due to the EU accession of Eastern Europe building on a panel of six PISA waves covering more than 1 million students in 32 countries. Using a difference-in-differences approach, I find…

Internships are a vital component of vocational education systems. The aim of this study is to understand whether internship programs at vocational schools are correlated with the long-run wages of students. To analyze this, I conduct three sets of analyses using longitudinal survey data from 2013 to 2014 on more than 12,000 vocational students in…

Disrupted schooling can heavily impact the amount of education pupils receive. Starting in early June of 2011 a huge social outburst of pupil protests, walk-outs, riots and school occupations called the Chilean Winter caused more than 8 million of lost school days. Within a matter of days, riots reached the national level with hundreds of…