Courtesy of IZA School closures have been among the most common non-pharmaceutical interventions to slow down the spread of the novel coronavirus. According to UNESCO estimates over 60% of the world’s student population have been affected. Experts estimate the economic and social costs of school closures to reach up to US$ 15 trillion of […]
Tag: education
COVID-19 school closures will cost students up to $15 trillion in future earnings
“Future earnings gap due to COVID-19 school closures” Courtesy IZA When children lose out on education, they lose out on future opportunities, including economic benefits, with far-reaching impact on their lives. Like so many aspects of this pandemic, this impact on children and young people seems more likely to take the form of a […]
Washington Beyond the Headlines: Fighting Discrimination in School Funding
By Andy Blom, TES Washington Editor The Viral Rollercoaster — We unlock, we lock back down. Cases surge, deaths don’t. Schools to open, schools stay closed. It almost seems like politics and policy is rational and sane in comparison. Well, virus or no, Free Market policy people are working to offer better perspectives and […]
Washington Beyond the Headlines: Deregulation = Gourmet Eats At Highway Rest Stops
By Andy Blom, TES Washington Editor I think what we really need is a baseball season, or some first-run movies. Well, if we have to deal with politics, Free Market policy people are working to offer better perspectives and policy options for the problems of the day. Here’s this week’s news … Leading […]
Washington Beyond the Headlines: Tax Cuts at Stake In November
By Andy Blom, TES Washington Editor Wow! Busy week. Some states are opening, some states are dragging their feet, the stock market is climbing, employment is rocketing back up but people are still social distancing unless they’re protesting. And, in the true American spirit, some people just have never stopped working through it all, […]
Low-income earners suffer most from the COVID-19 crisis in advanced economies
“Low-income earners suffer most from the COVID-19 crisis. Having the option to work from home is largely a matter of education” Courtesy of IZA Home office at full pay is not an option for all employees hit by the coronavirus crisis. To analyze changes in work arrangements during the pandemic, a team […]
Yes, it’s time for Germany to spend on infrastructure and environment
“Make investments possible!” By Hubertus Bardt and Michael Hüther, courtesy of IW Koeln Germany faces enormous challenges in modernizing its capital stock. After neglecting public investment over the last two decades, it is now necessary to update the infrastructure and gradually reduce the investment backlog. Managing demographic aging and decarbonising the economy […]
Labour manifesto is a “step back into the dark ages”
“IEA responds to Labour Party’s manifesto” Courtesy of the IEA Commenting on the Labour manifesto, Director General at the Institute of Economic Affairs Mark Littlewood said: “With today’s tax burden now at a 50-year high, the Labour Party’s plan to hike taxes and borrow hundreds of billions of pounds cannot end well for […]
Traffic pollution affects academic performance
“How traffic pollution affects children’s academic performance: Lower test scores, more behavioral incidents, and more absences” Courtesy of IZA Over 6.4 million children in the U.S. attend public school within 250 meters of a major roadway. Despite a growing body of research on air pollution, academic achievement, and human capital formation, little is known […]
Pay-for-performance didn’t help student achievement in Peru (but it could)
“Does pay-for-performance in education work at scale?” By Cristina Bellés Obrero and María Lombardi, courtesy of IZA Teacher quality is key for student achievement. Individuals exposed to better teachers perform better in school, and are more likely to attend college and earn higher salaries. However, the payment schemes in most educational systems are based on lifetime job tenure […]