Economic Competence in Early Secondary School: Evidence from a Large-Scale Assessment in Germany

Aufsätze referiert extern - Web of Science

Luis Oberrauch, Tim Kaiser

In: International Review of Economics Education 35 (2020), 100172, 16 S.

Abstract

We employ a psychometrically validated performance test to study economic competence among representative sample of 1,687 early secondary school students in Southwest Germany. The rich dataset allows us to study variation in economic competence across school types and observable student characteristics. Our results show that economic competence is significantly lower among female students, migrants, students with parents of low socio-economic status and those who do not attend the highest track school type. Additionally, quantile regression analyses suggest that the gender gap increases along the distribution of economic competence and that effects of parents with high socio-economic status are more pronounced above the median of the competence distribution.



JEL-Classification: A21;I21
Keywords: Economic competence, Economic literacy, Pre-college economic education, Item response theory, Gender gap
DOI:
ttps://doi.org/10.1016/j.iree.2019.100172

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