A New Data Set of Educational Attainment in the World, 1950-2010
National Bureau of Economic Research · Harvard University Press · +1 more institution
Abstract
Our panel data set on educational attainment has been updated for 146 countries from 1950 to 2010. The data are disaggregated by sex and by 5-year age intervals. We have improved the accuracy of estimation by using information from consistent census data, disaggregated by age group, along with new estimates of mortality rates and completion rates by age and education level. We use these new data to investigate how output relates to the stock of human capital, measured by overall years of schooling as well as by the composition of educational attainment of workers at various levels of education. We find schooling has a significantly positive effect on output. After controlling for the simultaneous determination…
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Authors
2Topics & keywords
- Human capital
- Educational attainment
- Census
- Demographic economics
- Econometrics
- Estimation
- Stock (firearms)
- Instrumental variable