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Teacher quality and incentives theoretical and empirical effects of standards on teacher quality

Juerges, Hendrik; Richter, Wolfram F.; Schneider, Kerstin - 2004

Applying the theory of yardstick competition to the schooling system, we show that it is optimal to have central tests of student achievement and to engage in benchmarking because it raises the quality of teaching. This is true even if teachers? pay (defined in monetary terms) is not performance...

Persistent link: https://www.econbiz.de/10010261276

Efficient Subsidization of Human Capital Accumulation with Overlapping Generations and Endogenous Growth

Braun, Christoph; Richter, Wolfram F. - 2010

This paper studies second best policies for education, saving, and labour in an OLG model in which endogenous growth … equilibria are inefficient. The inefficiency is exacerbated if selfish individuals externalize the positive effect of education … on descendents' productivity. It is shown to be second best to subsidize education even relative to the first best if the …

Persistent link: https://www.econbiz.de/10010270284

Efficient subsidization of human capital accumulation with overlapping generations and endogenous growth

Richter, Wolfram F.; Braun, Christoph - 2010

Persistent link: https://www.econbiz.de/10010270495

Efficient Subsidization of Human Capital Accumulation with Overlapping Generations and Endogenous Growth

Richter, Wolfram F.; Braun, Christoph - CESifo - 2010

This paper studies second best policies for education, saving, and labour in an OLG model in which endogenous growth … equilibria are inefficient. The inefficiency is exacerbated if selfish individuals externalize the positive effect of education … on descendents’ productivity. It is shown to be second best to subsidize education even relative to the first best if the …

Persistent link: https://www.econbiz.de/10008572520

Teacher Quality and Incentives: Theoretical and Empirical Effects of Standards on Teacher Quality

Jürges, Hendrik; Richter, Wolfram F.; Schneider, Kerstin - In: FinanzArchiv: Public Finance Analysis 61 (2005) 3, pp. 298-298

Applying the theory of yardstick competition to the schooling system, we show that it is optimal to have central tests of student achievement and to engage in benchmarking, because it raises the quality of teaching. This is true even if teachers´pay (defined in monetary terms) is not...

Persistent link: https://www.econbiz.de/10005241837

Teacher quality and incentives theoretical and empirical effects of standards on teacher quality : presented at CESifo Area Conference on Public Sector Economics, May 2004

Jürges, Hendrik; Richter, Wolfram F.; Schneider, Kerstin - 2004

Applying the theory of yardstick competition to the schooling system, we show that it is optimal to have central tests of student achievement and to engage in benchmarking because it raises the quality of teaching. This is true even if teachers' pay (defined in monetary terms) is not performance...

Persistent link: https://www.econbiz.de/10011451358

Efficient Education Policy - A Second-Order Elasticity Rule

Richter, Wolfram F. - In: FinanzArchiv: Public Finance Analysis 67 (2011) 1, pp. 1-7

Assuming a two-period model with endogenous choices of labor, education, and saving, efficient education policy is … education should be effectively subsidized if, and only if, the elasticity of the earnings function is increasing in education …

Persistent link: https://www.econbiz.de/10009024610

»Akademisierungswahn«: Studieren zu viele?

Wanka, Johanna; Klös, Hans-Peter; Plünnecke, Axel; … - In: Ifo Schnelldienst 66 (2013) 23, pp. 03-24

Wird in Deutschland zu viel studiert, oder ist die Diskussion über eine Überakademisierung der Gesellschaft verfehlt? Johanna Wanka, Bundesministerin für Bildung und Forschung, unterstreicht, dass berufliche Bildung und Studium gleichermaßen wichtige Bestandteile des deutschen...

Persistent link: https://www.econbiz.de/10010741294

Mincer Equation, Power Law of Learning, and Efficient Education Policy

Richter, Wolfram F. - Institute for the Study of Labor (IZA) - 2013

education policy in Ramsey's tradition. Distortive wage taxation is shown to provide reason for subsidizing education in …

Persistent link: https://www.econbiz.de/10010632993

Taxing Human Capital Efficiently when Qualified Labour is Mobile

Richter, Wolfram F.; Kunze, Lars - CESifo - 2011

The paper studies the effect that skilled labour mobility has on efficient education policy. The model is one of two … periods in which a representative taxpayer decides on labour, education, and saving. The government can only use linear tax … instruments. The mobility does not however affect second best education policy in allocational terms. In particular, education …

Persistent link: https://www.econbiz.de/10008853857