In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue[...]
Spurred by court rulings requiring states to increase public-school funding, the United States now spends more per student on K-12 education than almost any other country. Yet American students still achieve less than their foreign counterparts, their performance has been flat for decades, millions [...]
How does education affect economic and social outcomes, and how can it inform public policy? Volume 3 of the "Handbooks in the Economics of Education" uses newly available high quality data from around the world to address these and other core questions. With the help of new methodological approache[...]