Publication: Learning-Adjusted Years of Schooling: Defining A New Macro Measure of Education
dc.contributor.author | Rogers, Halsey | |
dc.contributor.author | Filmer, Deon | |
dc.contributor.author | Angrist, Noam | |
dc.contributor.author | Sabarwal, Shwetlena | |
dc.date.accessioned | 2018-09-28T16:03:11Z | |
dc.date.available | 2018-09-28T16:03:11Z | |
dc.date.issued | 2018-09 | |
dc.description.abstract | 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. | en |
dc.identifier | http://documents.worldbank.org/curated/en/243261538075151093/Learning-Adjusted-Years-of-Schooling-LAYS-Defining-A-New-Macro-Measure-of-Education | |
dc.identifier.doi | 10.1596/1813-9450-8591 | |
dc.identifier.uri | https://hdl.handle.net/10986/30464 | |
dc.language | English | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Policy Research Working Paper;No. 8591 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo | |
dc.subject | EDUCATIONAL ATTAINMENT | |
dc.subject | LEARNING | |
dc.subject | YEARS OF SCHOOLING | |
dc.subject | HUMAN CAPITAL | |
dc.subject | RETURNS TO EDUCATION | |
dc.subject | STUDENT TESTING | |
dc.title | Learning-Adjusted Years of Schooling | en |
dc.title.subtitle | Defining A New Macro Measure of Education | en |
dc.type | Working Paper | en |
dc.type | Document de travail | fr |
dc.type | Documento de trabajo | es |
dspace.entity.type | Publication | |
okr.crossref.title | Learning-Adjusted Years of Schooling (LAYS): Defining a New Macro Measure of Education | |
okr.dataset.url | https://datacatalog.worldbank.org/node/144347 | |
okr.date.disclosure | 2018-09-27 | |
okr.doctype | Publications & Research | |
okr.doctype | Publications & Research::Policy Research Working Paper | |
okr.docurl | http://documents.worldbank.org/curated/en/243261538075151093/Learning-Adjusted-Years-of-Schooling-LAYS-Defining-A-New-Macro-Measure-of-Education | |
okr.guid | 243261538075151093 | |
okr.identifier.doi | 10.1596/1813-9450-8591 | |
okr.identifier.externaldocumentum | 090224b086307b36_1_0 | |
okr.identifier.internaldocumentum | 30455218 | |
okr.identifier.report | WPS8591 | |
okr.imported | true | en |
okr.language.supported | en | |
okr.pdfurl | http://documents.worldbank.org/curated/en/243261538075151093/pdf/WPS8591.pdf | en |
okr.statistics.combined | 17677 | |
okr.statistics.dr | 243261538075151093 | |
okr.statistics.drstats | 13419 | |
okr.topic | Education::Economics of Education | |
okr.topic | Education::Education For All | |
okr.topic | Education::Education for the Knowledge Economy | |
okr.topic | Education::Educational Sciences | |
okr.unit | Office of the Chief Economist of the Human Development Practice Group; the Development Research Group, Development Economics; and the Education Global Practice | |
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