Tag Archives: Education

Inputs in the Production of Early-childhood Human Capital: Evidence from Head Start

From Chris Walters: Studies of small-scale “model” early-childhood programs show that high-quality preschool can have transformative effects on human capital and economic outcomes. Evidence on the Head Start program is more mixed. Inputs and practices vary widely across Head Start … Continue reading

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Making Top Managers: The Role of Elite Universities and Elite Peers

From Seth Zimmerman: This paper estimates the causal effect of elite college admission on students’ chances of reaching top management positions, and decomposes the total effect into a component attributable to ties formed between college peers and a component attributable to … Continue reading

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Teacher Quality Policy When Supply Matters

From Jesse Rothstein: Recent proposals would strengthen the dependence of teacher pay and retention on demonstrated performance. One intended effect is to attract those who will be effective teachers and repel those who will not. I model the teacher labor … Continue reading

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Is it too late to get an arborist into the budget negotiations?

From Austan Goolsbee: Most of us watching the looming budget showdown do so with a sense of dread. The last one left congressional approval at 9%, the president’s popularity at a new low, and consumer confidence at levels not seen … Continue reading

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Is Forgiving Student Loans the Worst Idea Ever?

The third pillar of President Obama’s new college affordability plan is “ensuring that student debt remains affordable.” Here’s a bit more detail: The President has proposed allowing all student borrowers to cap their federal student loan payments at 10 percent of … Continue reading

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Long-term intergenerational persistence of human capital: an empirical analysis of four generations

From Mikael Lindahl, Mårten Palme, Sofia Sandgren Massih and Anna Sjögren:     Most previous studies of intergenerational transmission of human capital are restricted to two generations – parents and their children. In this study we use a Swedish data set … Continue reading

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Today’s Links: Economic Mobility & School Financing in California

1. Surnames offer depressing clues to the extent of social mobility over generations “Mr Clark’s conclusion is that the underlying rate of social mobility is both low and surprisingly constant across countries and eras: the introduction of universal secondary education … Continue reading

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Long Run Growth in Real Per Pupil Public Education Spending

Real per pupil education spending for elementary and secondary schools has increased roughly 23X since 1920. While there are many causes for this increase (special ed availability, reduced student teacher ratios, etc) and spending more on education is often a good … Continue reading

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Larry Summers on Economic Possibilities for Our Children – Robots, Inequality, & Government Spending

I came across the lecture Larry Summers gave on the future of the next generation in which he talks about the rise of robots, inequality, government spending and many other interesting issues. Very much worth watching. Here’s a summary of some … Continue reading

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What Would Happen If Charter School Availability Were Expanded Greatly? Part 2

Chris Walters, who I first mentioned in this post, gave his job market talk at Berkeley yesterday. Roughly speaking, his story is that although some of the lottery evidence in Boston suggests that some Charter Schools can substantially increase test scores, … Continue reading

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