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Peer Effects, Cooperation and Competition in Human Capital Formation

Peer Effects, Cooperation and Competition in Human Capital Formation
Author: Román Zárate
Publisher:
Total Pages: 0
Release: 2012
Genre:
ISBN:

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Economic literature has identified positive effects of peer abilities on individual achievement. However, the intuitive arguments supporting this evidence are not clear. This article presents a specific mechanism: cooperation and competition among group members; more precisely, the presence of positive and negative externalities in human capital accumulation. First, I develop an economic model that incorporates both kinds of externalities and shows the existence of an optimal level of competition between group members that maximizes human capital accumulation. Then, using data from PISA (2000) and an empirical strategy that controls for potential endogeneity issues, I find empirical evidence supporting the main results of the theoretical model. Namely, I find robust evidence of a non-linear effect of competition on academic performance. These results are consistent with the proposed model and the presence of positive technological externalities in educational production functions.


Peer Effects and the Promise of Social Mobility

Peer Effects and the Promise of Social Mobility
Author: Chris Bidner
Publisher:
Total Pages: 0
Release: 2010
Genre:
ISBN:

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I analyze a model of human capital development in the presence of peer effects. Parents invest in their child, and this investment conveys a positive externality upon the child's peers. Parents also acquire wealth, which i) finances consumption, and ii) determines a child's peer group. I show how the freedom to compete for desirable peers exacerbates the natural underinvestment problem. The analysis thereby produces a general equilibrium framework in which the inefficiencies displayed in a rat-race interact with those stressed in the multi-tasking literature. I consider an extension in which both wealth and parental investment are observed with noise.


Peer Effects and Human Capital Accumulation

Peer Effects and Human Capital Accumulation
Author: Anna Aizer
Publisher:
Total Pages: 52
Release: 2010
Genre:
ISBN:

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Recent work shows that peers affect student achievement, but the mechanisms are not well understood. I show that peer behavior is an important mechanism, perhaps more so than ability, by exploiting exogenous timing in diagnosis/treatment of ADD among peers that improves peer behavior while holding peer achievement constant. Improvements in peer behavior increase student achievement. Moreover, resources mitigate the negative effects of peer behavior. These findings imply that the optimal response in the presence of peer effects is not necessarily to reorganize classrooms. Rather, existing institutions can modify peer effects by improving behavior and/or mitigating the impact of poor behavior.


Human Capital Policy

Human Capital Policy
Author: David Neumark
Publisher: Edward Elgar Publishing
Total Pages: 288
Release: 2021-02-26
Genre: Business & Economics
ISBN: 1800377800

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This timely book evaluates international human capital policies, offering a comparative perspective on global efforts to generate new ideas and novel ways of thinking about human capital. Examining educational reforms, quality of education and links between education and socio-economic environments, chapters contrast Western experiences and perspectives with those of industrializing economies in Asia, focusing particularly on Korea and the USA.


The Race between Education and Technology

The Race between Education and Technology
Author: Claudia Goldin
Publisher: Harvard University Press
Total Pages: 497
Release: 2009-07-01
Genre: Business & Economics
ISBN: 0674037731

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This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations. By 1900 the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century. The book argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slowdown was accompanied by rising inequality. The authors discuss the complex reasons for this, and what might be done to ameliorate it.


Learning to Cooperate, Cooperating to Learn

Learning to Cooperate, Cooperating to Learn
Author: R. Hertz-Lazarowitz
Publisher: Springer Science & Business Media
Total Pages: 477
Release: 2013-11-11
Genre: Psychology
ISBN: 1489936505

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This book was written and edited as a project of the International Asso ciation for the Study of Cooperation in Education (lASCE). It grew di rectly out of the second conference of the lASCE, held at Brigham Young University, Provo, Utah, in [uly 1982. The chapters in the book were originally presented in some form at the Provo conference, though most have been considerably revised since that time. This is the second book sponsored by the lASCE; the first, Cooperation in Education (Provo, Utah:Brigham Young University Press, 1980), edited by Shlomo Sharan, Paul Hare, Clark Webb, and Rachel Hertz-Lazarowitz, was based on the proceedings of the first conference of the IASCE in Tel Aviv, Israel, in 1979. The IASCE is a group of educators interested in studying, devel oping, or applying cooperative methods at various levels of the process of education. It includes researchers, teacher educators, teachers, and school administrators from more than a dozen countries.


Local Economic and Employment Development (LEED) Culture and Local Development

Local Economic and Employment Development (LEED) Culture and Local Development
Author: OECD
Publisher: OECD Publishing
Total Pages: 204
Release: 2005-04-21
Genre:
ISBN: 9264009914

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This publication highlights the impact of culture on local economies and the methodological issues related to its identification.


Feedback in Higher and Professional Education

Feedback in Higher and Professional Education
Author: David Boud
Publisher: Routledge
Total Pages: 242
Release: 2013
Genre: Business & Economics
ISBN: 0415692288

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Learners complain that they do not get enough feedback, and educators resent that although they put considerable time into generating feedback, students take little notice of it. Both parties agree that it is very important. Feedback in Higher and Professional Education explores what needs to be done to make feedback more effective. It examines the problem of feedback and suggests that there is a lack of clarity and shared meaning about what it is and what constitutes doing it well. It argues that new ways of thinking about feedback are needed. There has been considerable development in research on feedback in recent years, but surprisingly little awareness of what needs to be done to improve it and good ideas are not translated into action. The book provides a multi-disciplinary and international account of the role of feedback in higher and professional education. It challenges three conventional assumptions about feedback in learning: That feedback constitutes one-way flow of information from a knowledgeable person to a less knowledgeable person. That the job of feedback is complete with the imparting of performance-related information. That a generic model of best-practice feedback can be applied to all learners and all learning situations It seeking a new approach to feedback, it proposes that it is necessary to recognise that learners need to be much more actively involved in seeking, generating and using feedback. Rather than it being something they are subjected to, it must be an activity that they drive.