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The Influence of Patience and Risk-Taking on International Differences in School Performance

Author

Listed:
  • Eric A. Hanushek
  • Lavinia Kinne
  • Philipp Lergetporer
  • Ludger Wößmann

Abstract

Cultural differences have a major impact on the performance of students. Using data from nearly 2 million female students in 49 countries over the period 2000–2018, the study examined how patience and risk-taking affect student performance. The positive effect of patience and the negative effect of risk-taking account for two-thirds of the international variation in student achievement.

Suggested Citation

  • Eric A. Hanushek & Lavinia Kinne & Philipp Lergetporer & Ludger Wößmann, 2020. "The Influence of Patience and Risk-Taking on International Differences in School Performance," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(10), pages 33-36, October.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:10:p:33-36
    as

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    References listed on IDEAS

    as
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    5. Hanushek, Eric A. & Kinne, Lavinia & Lergetporer, Philipp & Woessmann, Ludger, 2020. "Culture and Student Achievement: The Intertwined Roles of Patience and Risk-Taking," Rationality and Competition Discussion Paper Series 249, CRC TRR 190 Rationality and Competition.
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    More about this item

    Keywords

    Bildungsforschung; Schule; Vergleich; Risikofreude; Kulturelle Identität;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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