How Much Do Educational Outcomes Matter in OECD Countries?
---- Acknowledgements -----
Paper presented at the 52nd Panel Meeting of Economic Policy in Rome. We thank the editor and four anonymous referees for their comments. Woessmann gratefully acknowledges the support and hospitality provided by the W. Glenn Campbell and Rita Ricardo-Campbell National Fellowship of the Hoover Institution, Stanford University, as well as support by the Pact for Research and Innovation of the Leibniz Association. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.