This paper investigates the causal relationship between education and GDP in a panel of 11 selected oil exporting countries by using panel unit root tests and panel cointegration analysis for the period 1970-2010. A three-variable model is formulated with oil exports as the third variable. The results show a strong causality from oil revenues and economic growth to education in the oil exportin...

We analyze the long-term workforce composition when quality of mentoring available to majority and minority juniors depends on their representation in workforce. A with at least 50 percent workers invariably converges one where is overrepresented relative population. To maximize welfare, persistent interventions, such as group-specific fellowships, are often needed, optimal may include lower in...

This paper develops ideal estimators to causally estimate the effect of two education reforms in India that expanded the access to schooling. These policies differed in their levels of decentralization in decision making. The different administrative levels decided which inputs the funds were allocated for and where the school-building was targeted. Comparing the two policies, I find evidence t...

Data from the National Longitudinal Survey of Youth (NLSY) are analyzed to examine whether adolescents living in low-income urban areas have less accurate information about labor market institutions than teens in more affluent communities, and whether information influences educational attainment. All adolescents seem to implicitly underestimate the educational requirements of their occupationa...

Performance targets are ubiquitous in all areas of an individual’s life such as education, jobs, sport competitions and charity donations. In this paper I assess whether meeting performance targets in tests at school has an effect on students’ subsequent behaviour. This is helpful to test whether motivation and effort by students, parents and schools that the targets may induce, contribute to e...

The Journal of Economic Literature codes classification system (JEL) published by the American Association (AEA) is de facto standard for research literature in economics. JEL used to classify articles, dissertations, books, book reviews, and working papers EconLit, a database maintained AEA. Over time, it has evolved extended with over 850 subclasses. This paper reviews history development sys...

This paper argues that the evolution of male preferences contributed to the dramatic increase in the proportion of working and educated women in the population over time. Male preferences evolved because some men experienced a different family model—one in which their mother was skilled and/or worked. These men, we hypothesize, were more inclined to marry women who themselves were skilled or wo...

This lecture offers thoughts on some issues concerning the effective development of the European space of higher education currently being pushed by the twin forces of the Bologna process and the Lisbon declaration of the EU. It is pointed out that the USA example is a good reference point but cannot be imitated mechanically, given the more segmented reality of Europe. It is noted that the Euro...

In this volume, Betts and Shkolnik [Betts, J. R., & Shkolnik, J. L. (1999) The effects of ability grouping on student math achievement and resource allocation in secondary schools. Economics of Education Review, 19, 1–15] argue that studies that compare students in tracked versus untracked classes overestimate the impact of tracking on student achievement by not adequately controlling for stude...

Jorge M. Agüero Muhammad Farhan Majid October 2015 Abstract Previous studies have shown that wars restrict the acquisition of human capital. We expand this literature by exploring how the stock of human capital is affected by wars. Applying a “missing people” approach to the 1994 Rwanda genocide we find that the size of the educated cohort --those with completed primary school or more-shrunk by...