{"title":"Government's Restructuring Pay Policy and Job Satisfaction: The Case of Teachers in the Ga West Municipal Assembly of Ghana","authors":"J. Forson, R. Opoku","doi":"10.2139/ssrn.2457629","DOIUrl":"https://doi.org/10.2139/ssrn.2457629","url":null,"abstract":"This paper examines the ‘aftermath effect’ of the new civil service pay policy on job satisfaction among teachers in Ghana. We explore an avalanche of job satisfaction theories and instruments to identify key concepts and variables in building a baseline conceptual and research model. The findings of the study suggest that income, personal growth, bonus and organizational type have both effects (direct and indirect) on job satisfaction. The two-way analysis as well as the multivariate analysis of variance also indicates that gender, age group, and educational background also play a role in determining the level of satisfaction among teachers. The high unemployment rate (11 %) and the implementation of the Single Spine Salary Structure (SSSS) for the public sector in 2010 are also contributing factors to the retention of teachers.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125304021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Access and Barriers to Post-Secondary Education in Canada: Evidence from a Longitudinal PISA Dataset","authors":"R. Finnie, Richard E. Mueller, A. Wismer","doi":"10.2139/SSRN.2460934","DOIUrl":"https://doi.org/10.2139/SSRN.2460934","url":null,"abstract":"This paper exploits the longitudinal Youth in Transition Survey, Cohort A (YITSA) to investigate access and barriers to post-secondary education (PSE) in Canada. The paper first looks at how access by age 21 is related to family background characteristics, including family income and parental education. The effects of the latter are found to dominate those of the former. Attention is then turned towards the 25 percent of youths who do not access PSE and the barriers they face. Twenty-three percent of this group state that they had no aspirations for PSE and 43 percent report they face no barriers. Conversely, 22 percent (5.5 percent of all youths in our sample) claim that “finances” constitute a barrier. Further analysis suggests, however, that affordability is an issue in only a minority of those cases, suggesting that the majority of those reporting financial barriers simply do not perceive PSE to be of sufficient value to be worth pursuing. Our general conclusion is that “cultural” factors are the principal determinants of PSE participation in Canada.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"104 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126569883","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Sharpe-ly Leveraged: A Model of Human Capital Formation Under Debt Service Constraint","authors":"J. Chen","doi":"10.2139/ssrn.2437290","DOIUrl":"https://doi.org/10.2139/ssrn.2437290","url":null,"abstract":"Human capital, like any other form of wealth, lends itself to analysis through the tools of mathematical finance. No less than in other forms of enterprise, human capital formation involves risk. Returns on human capital and the risks inherent in its formation are affected by leverage. This is especially true in the United States, where a significant number of students finance higher education by borrowing. This article specifies a basic model of human capital formation that attempts to capture the essence of the risk-adjusted returns that students hope to realize when they pursue further education. This article adapts the Sharpe ratio of modern portfolio theory to measure the risk-adjusted benefit of education-enhanced earnings as the ratio of expected earnings to the volatility of those returns on human capital. It then adjusts both earnings and their dispersion to account for educational debt. On the debt service and earnings premium assumptions adopted by this article, debt-financed higher education will not enhance earnings on a risk-adjusted basis unless (1) the square root of the earnings premium (2) times the square of 1 minus the debt service ratio times the ratio of educational debt to annual earnings (3) exceeds 1.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122799076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Academic Procrastination and Student Achievement in an Introductory Economics Course","authors":"Ahmad A. Kader","doi":"10.2139/ssrn.2404767","DOIUrl":"https://doi.org/10.2139/ssrn.2404767","url":null,"abstract":"Procrastination and its adverse effect on student performance at the college and university level has been studied extensively in other disciplines, particularly in educational psychology. However, the topic has been neglected very much in economics education literature. This study examines the motivational and cognitive factors of procrastination and how they affect student achievement, as reflected by exam scores, and is based on samples of two large sections of introductory micro and macro classes, each initially consisting of 177 and 180 students, respectively. Using homework assignment data, the results show that in almost all of the exams given in the two classes, procrastinators on the average scored significantly less than non-procrastinators. Using both homework assignments and survey data in the macro section, the results show that procrastination has a significant and negative influence on student achievement with homework assignment data but a negative and insignificant effect with survey data. Implications are discussed, particularly as to the benefit of identifying and assisting procrastinators early in a semester by the timely evaluation of students’ completion of homework assignments.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115044641","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Academic Peer Effects with Different Group Assignment Policies: Residential Tracking versus Random Assignment","authors":"R. Garlick","doi":"10.2139/ssrn.2793473","DOIUrl":"https://doi.org/10.2139/ssrn.2793473","url":null,"abstract":"I study the relative academic performance of students tracked or randomly assigned to South African university dormitories. Tracking reduces low-scoring students' GPAs and has little effect on high-scoring students, leading to lower and more dispersed GPAs. I also directly estimate peer effects using random variation in peer groups across dormitories. Living with higher-scoring peers raises students' GPAs, particularly for low-scoring students, and peer effects are stronger between socially proximate students. This shows that much of the treatment effect of tracking is attributable to peer effects. These results present a cautionary note about sorting students into academically homogeneous classrooms or neighborhoods. (JEL I23, I24, I28, O15, Z13)","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123019388","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hershey H. Friedman, William Hampton-Sosa, L. Friedman
{"title":"The Crisis in Education: Practical, Cost-Effective Solutions","authors":"Hershey H. Friedman, William Hampton-Sosa, L. Friedman","doi":"10.2139/SSRN.2359677","DOIUrl":"https://doi.org/10.2139/SSRN.2359677","url":null,"abstract":"Evidence is mounting that the United States is losing its edge as a world leader when it comes to educating its citizens. It now ranks 13th in college graduation rates. In a recent 24-country Survey of Adult Skills, the U.S. ranked 16th in literary proficiency and 21st in numeracy proficiency. Without an intervention, the United States will continue to lose its ability to compete in the global knowledge economy. The authors offer some practical, cost-effective solutions that include expanding early childhood education programs, changing the school calendar, and online learning.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122703111","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Effect of Income on Educational Attainment: Evidence from State Earned Income Tax Credit Expansions","authors":"K. Michelmore","doi":"10.2139/ssrn.2356444","DOIUrl":"https://doi.org/10.2139/ssrn.2356444","url":null,"abstract":"As of the early 2000s, the gap in college enrollment between children growing up in the highest income quartile and the lowest income quartile was over 50 percentage points (Bailey and Dynarski 2011). There is much debate in the literature about what role household income plays in producing this gap. A major impediment in studying this question is the lack of plausibly exogenous variation in income. The Earned Income Tax Credit (EITC) is one potential source of exogenous variation in household income that may increase educational attainment among low-income youth. Using variation in state EITC benefit generosity, I use a difference-in-difference framework to analyze how an increase in household income affects the educational attainment of children from low socioeconomic status households. Conservative estimates suggest that following an increase in the maximum EITC by $1,000, 18-23 year olds growing up in likely EITC- eligible households are 1 percentage point more likely to have ever enrolled in college and 0.3 percentage points more likely to complete a bachelor’s degree. These results are concentrated among individuals who were younger than 12 at the time of state EITC implementation, suggesting that the EITC increases educational attainment primarily by providing extra income to households with young children. I find no effect of EITC expansions on older children, for whom the EITC acts as a form of financial aid.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114655589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Short- and Long-Term Effects of School Choice on Student Outcomes - Evidence from a School Choice Reform in Sweden","authors":"V. Wondratschek, Karin Edmark, M. Frölich","doi":"10.2139/ssrn.2360549","DOIUrl":"https://doi.org/10.2139/ssrn.2360549","url":null,"abstract":"This paper evaluates the effects of a major Swedish school choice reform. The reform in 1992 increased school choice and competition among public schools as well as through a large-scale introduction of private schools. We estimate the effects of school choice and competition, using precise geographical information on the locations of school buildings and children’s homes for the entire Swedish population for several cohorts affected at different stages in their educational career. We can measure the long-term effects up to age 25. We find that increased school choice had very small, but positive, effects on marks at the end of compulsory schooling, but virtually zero effects on longer term outcomes such as university education, employment, criminal activity and health.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"61 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128613872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Is the Glass Half Empty or Half Full? School Enrollment, Graduation, and Dropout Rates in Latin America","authors":"Matías Busso, M. Bassi, Juan Sebastián Muñoz","doi":"10.2139/SSRN.2367706","DOIUrl":"https://doi.org/10.2139/SSRN.2367706","url":null,"abstract":"We use 292 household surveys from 18 Latin American countries to document patterns in secondary school graduation rates over the period 1990-2010. We find that enrollment and graduation rates increased during that period while dropout rates decreased. We provide two types of explanations for these patterns. Countries implemented changes on the supply side to increase access, by increasing the resources allocated to education and designing policies to help students staying in school. Despite this progress, graduation rates are still generally low, there still persist remarkable gaps in educational outcomes in terms of gender, income quintiles, and regions within countries, and the quality of education is generally low.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132543153","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Justine S. Hastings, Christopher A. Neilson, S. Zimmerman
{"title":"Are Some Degrees Worth More than Others? Evidence from College Admission Cutoffs in Chile","authors":"Justine S. Hastings, Christopher A. Neilson, S. Zimmerman","doi":"10.3386/W19241","DOIUrl":"https://doi.org/10.3386/W19241","url":null,"abstract":"Understanding how returns to higher education vary across degree programs is critical for effective higher education policy. Yet there is little evidence as to whether all degrees improve labor market outcomes, and whether they do so for students from different types of backgrounds. We combine administrative and archival data from Chile with score-based admissions rules at more than 1,100 degree programs to study how the long-run earnings effects of college admission depend on selectivity, field of study, and student characteristics. Our data link admissions outcomes for 30 cohorts of college applicants to administrative records of labor market outcomes up to 30 years post-application. We estimate regression discontinuity specifications for each degree, and describe how threshold-crossing effects vary by degree type. In addition, we use variation in admissions outcomes driven by threshold-crossing to estimate a simple model that maps our discontinuity estimates into causal effects of admission by degree. Observed choice and survey data indicate that the assumptions underlying this model are consistent with student behavior. We find that returns are heterogeneous, with large, positive returns to highly selective degrees and degrees in health, science, and social science fields. Returns to selectivity do not vary by student socioeconomic status. Our findings suggest a role for policies that guide students toward higher-return degrees, such as targeted loans and better college preparation for students from low-income backgrounds.","PeriodicalId":109846,"journal":{"name":"ERN: Microeconometric Studies of Education Markets (Topic)","volume":"125 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131274661","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}