Showing posts with label economics of education. Show all posts
Showing posts with label economics of education. Show all posts

Economics of Education: two stylised facts about teachers

Education is another area economist are active in. From the wide range of studies we can formulate (atleast) two stylised facts. A stylised fact is a ‘simplified presentation’ of an empirical finding . It is a finding that is supported by (almost) everyone. For teachers we can formulate the two following stylised facts.