Learning-Adjusted Years of Schooling : Defining A New Macro Measure of Education
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 resea...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/243261538075151093/Learning-Adjusted-Years-of-Schooling-LAYS-Defining-A-New-Macro-Measure-of-Education http://hdl.handle.net/10986/30464 |