Learning-Adjusted Years of Schooling (LAYS) : Defining a New Macro Measure of Education / Filmer, Deon.
The standard summary metric of education-based human capital used in macro analyses--the average number of years of schooling in a population--is based only on quantity. But ignoring schooling quality turns out to be a major omission. As recent research shows, students in different countries who hav...
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| Format: | Electronic eBook |
| Language: | English |
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Washington, D.C. :
The World Bank,
2018.
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| Series: | Policy research working papers.
World Bank e-Library. |