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Full-Text Articles in Education

Teaching Users About Real World Of Finance, Aurobindo Ghosh May 2022

Teaching Users About Real World Of Finance, Aurobindo Ghosh

Research Collection Lee Kong Chian School Of Business

In a commentary, SMU Assistant Professor of Finance (Education) and Director of Citi-Foundation SMU Financial Literacy Programme for Young Adults Aurobindo Ghosh shared his views on the metaverse and the opportunities to make money in the metaverse economy. While pointing out that lowering the cost of service and standardising service, as a virtual banking establishment, might increase customer experience for financial services, Asst Prof Ghosh cited a 2021 survey conducted by the Citi-Foundation SMU Financial Literacy Programme which found evidence that financial inclusion among young adults reduces impediments to banking like access to branches and documentation requirements.


Short- And Long-Run Effects Of Early Grades, Luca Facchinello Dec 2019

Short- And Long-Run Effects Of Early Grades, Luca Facchinello

Research Collection School of Economics

Does early grading affect educational choices? To answer the question, I exploit the staggeredimplementation of a reform which postponed grade assignment in Swedish compulsoryschool. I identify short- and long-term effects of early grading, for students with differentacademic ability and socioeconomic status (SES). When graded early on, high-ability students(especially if high-SES) perform better, and are more likely to choose academic coursesduring compulsory school. Low-ability students react in the opposite way, in particular iflow-SES. While high school attainment increases for high-ability low-SES students, collegeattainment decreases for low-ability low-SES students. None of these effects carry over tothe labor market. This suggests that early …


Peer Effects In Education: When Beliefs Matter, Luca Facchinello Nov 2019

Peer Effects In Education: When Beliefs Matter, Luca Facchinello

Research Collection School of Economics

Recent literature explains the puzzling finding of zero or negative peer effects in aca- demic achievement assuming that better peers negatively affect beliefs about ability (self-concept), motivation or peer interactions. This paper provides new evidence on such negative mechanisms, and on their impact on educational choices and attainment for students randomly assigned in compulsory school to classes with different cognitive ability. Using detailed longitudinal data on a nationally representative sample of Swedish compulsory school students, I find that students exposed to higher ability peers systematically underestimate their ability and are less likely to choose advanced subjects throughout compulsory school. While …


Rethinking Education Choices: The Effect Of Surveys, Luca Facchinello, Juanna Schroter Joensen, Gregory Francisco Veramindi Nov 2019

Rethinking Education Choices: The Effect Of Surveys, Luca Facchinello, Juanna Schroter Joensen, Gregory Francisco Veramindi

Research Collection School of Economics

Can surveys affect human capital investments? This paper examines whether individual education choices and outcomes are affected by a survey posing questions related to expectations and forward-looking behavior. We have administrative data for the whole Swedish population to which an extensive education survey was administered to randomly drawn samples of 3rd graders. This constitutes a randomized social experiment for testing whether responding to survey questions alters behavior. We observe complete educational and labor market histories until the individuals are 31-41 years old. We have exogenous variation in the timing of first surveys and when an additional survey was administered to …


On Human Capital Development In Bangladesh, Sijia Xu Jul 2018

On Human Capital Development In Bangladesh, Sijia Xu

Dissertations and Theses Collection (Open Access)

This dissertation consists of three chapters on human capital development in Bangladesh. The first chapter provides microeconometric evidence that access to electricity has a positive impact on the nutritional status of children under five in rural Bangladesh.


Education As A Catalyst For Socio-Economic Development In South Africa, Singapore Management University Feb 2018

Education As A Catalyst For Socio-Economic Development In South Africa, Singapore Management University

Perspectives@SMU

In order to progress socially and economically, a united South Africa will have to focus on an education sector hindered by apartheid era policies.


Need Based Aid From Selective Universities And The Achievement Gap Between Rich And Poor, Sunha Myong Oct 2016

Need Based Aid From Selective Universities And The Achievement Gap Between Rich And Poor, Sunha Myong

Research Collection School Of Economics

I study the role of need-based aid from selective universities in closing the achievement gap between rich and poor high school students. I focus on the incentive aspect of need-based aid that can change high school students’ effort choices. The impact of increasing need-based aid depends on the extent of borrowing constraints and how competition affects the relative performance of low- and high-income students. I develop a structural model of students’ learning, application, and admission processes, and estimate it with the Education Longitudinal Study of 2002, a nationally representative sample. I use a geographic variation in costs of attending selective …


On The Role Of Information In Educational Choice (Doctoral Dissertation), Luca Facchinello Jun 2016

On The Role Of Information In Educational Choice (Doctoral Dissertation), Luca Facchinello

Research Collection School Of Economics

When students are uncertain about own ability, information might affect their academic choices. The thesis consists of three self-contained chapters that explore different facets of this theme. The first chapter studies theoretically and empirically the role of early grade assignment in education choice, focusing in particular on mechanisms. The main argument is that early grading affects differently the choices of students with different academic ability and socioeconomic status. The second chapter investigates empirically whether repeatedly surveying compulsory school students affects their educational choices, attainment, and long-run labor market outcomes. The basic idea is that educational surveys might contain information relevant …


Returns To Education For Women, Assortative Marriage Matching, And Home Production, Sunha Myong Apr 2016

Returns To Education For Women, Assortative Marriage Matching, And Home Production, Sunha Myong

Research Collection School Of Economics

I estimate returns to college education for women, accounting for how assortative marriage matching and the home production affect labor supply and fertility choice, based on the National Longitudinal Study of Youth 1979 and the NLSY79 Child/Young Adults 1986—2012. First, the gain from home production, as measured by the average educational outcome of children, explains more than 80% of the total return. The direct impact of women’s college education on children’s outcome is much larger than the indirect effect through the household income and time investment. Women’s college attainment rates would decrease by 8% without assortative marriage matching and by …