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...
Saved in:
| Online Access: |
Full Text (via Open Knowledge Repository) |
|---|---|
| Main Author: | |
| Other Authors: | , , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
The World Bank,
2018.
|
| Series: | Policy research working papers.
World Bank e-Library. |
MARC
| LEADER | 00000cam a2200000Ma 4500 | ||
|---|---|---|---|
| 001 | in00000183830 | ||
| 006 | m o d | ||
| 007 | cr ||||||||||| | ||
| 008 | 160311s2018 dcu o i000 0 eng d | ||
| 005 | 20240412161536.5 | ||
| 035 | |a (OCoLC)wbokr1078504759 | ||
| 040 | |a STF |b eng |c STF |d OCLCO |d CAUOI |d OCLCQ |d OCLCL | ||
| 024 | 8 | |a 10.1596/1813-9450-8591 | |
| 029 | 1 | |a AU@ |b 000074025063 | |
| 035 | |a (OCoLC)1078504759 | ||
| 049 | |a GWRE | ||
| 100 | 1 | |a Filmer, Deon. | |
| 245 | 1 | 0 | |a Learning-Adjusted Years of Schooling (LAYS) : |b Defining a New Macro Measure of Education / |c Filmer, Deon. |
| 260 | |a Washington, D.C. : |b The World Bank, |c 2018. | ||
| 300 | |a 1 online resource (61 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a World Bank e-Library | |
| 520 | 3 | |a 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 have completed the same number of years of school often have vastly different learning outcomes. This paper therefore proposes a new summary measure, Learning-Adjusted Years of Schooling (LAYS), that combines quantity and quality of schooling into a single easy-to-understand metric of progress. The cross-country comparisons produced by this measure are robust to different ways of adjusting for learning (for example, by using different international assessments or different summary learning indicators), and the assumptions and implications of LAYS are consistent with other evidence, including other approaches to quality adjustment. The paper argues that (1) LAYS improves on the standard metric, because it is a better predictor of important outcomes, and it improves incentives for policymakers; and (2) its virtues of simplicity and transparency make it a good candidate summary measure of education. | |
| 700 | 1 | |a Angrist, Noam. | |
| 700 | 1 | |a Filmer, Deon. | |
| 700 | 1 | |a Rogers, Halsey. | |
| 700 | 1 | |a Sabarwal, Shwetlena. | |
| 758 | |i has work: |a Learning-adjusted Years of Schooling (LAYS) (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFWRBQCKxCbVkRfm3pJftq |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print Version: |i Filmer, Deon. |t Learning-Adjusted Years of Schooling (LAYS): Defining a New Macro Measure of Education. |d Washington, D.C. : The World Bank, 2018 |
| 830 | 0 | |a Policy research working papers. | |
| 830 | 0 | |a World Bank e-Library. | |
| 856 | 4 | 0 | |u https://openknowledge.worldbank.org/handle/10986/30464 |z Full Text (via Open Knowledge Repository) |
| 915 | |a M | ||
| 956 | |a World Bank Open Knowledge | ||
| 956 | |b World Bank Group: Open Knowledge Repository | ||
| 998 | |b New collection global.5644.245 | ||
| 994 | |a 92 |b COD | ||
| 999 | f | f | |s 38c23316-6251-4d3c-9708-83c335984747 |i ed07cbcb-d4bc-45b9-83cb-3f60299af6d3 |
| 952 | f | f | |p Can circulate |a University of Colorado Boulder |b Online |c Online |d Online |h Library of Congress classification |i web |