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

Forthcoming at International Review of Economics Education

34 Pages Posted: 29 May 2020

See all articles by Tim Kaiser

Tim Kaiser

German Institute for Economic Research (DIW Berlin) - Department of International Economics; University of Koblenz-Landau, Department of Economics; University of Koblenz-Landau

Luis Oberrauch

University of Koblenz-Landau

Date Written: December 18, 2018

Abstract

We employ a psychometrically validated performance test to study economic competence among a large and representative sample of 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 socioeconomic 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. Our analysis sets the stage for a long-term study of economic competence among secondary school students and the impact of a recent curriculum reform introducing mandatory economic education.

Keywords: Economic competence, economic literacy, education, item response theory, gender gap pre-college economic education

JEL Classification: A21, I21

Suggested Citation

Kaiser, Tim and Oberrauch, Luis, Economic Competence in Early Secondary School: Evidence From a Large-Scale Assessment in Germany (December 18, 2018). Forthcoming at International Review of Economics Education. Available at SSRN: https://ssrn.com/abstract=3383454 or http://dx.doi.org/10.2139/ssrn.3383454

Tim Kaiser (Contact Author)

German Institute for Economic Research (DIW Berlin) - Department of International Economics ( email )

Mohrenstra├če 58
Berlin, 10117
Germany

University of Koblenz-Landau, Department of Economics ( email )

56070 Koblenz-Metternich
Germany

University of Koblenz-Landau ( email )

August-Croissant-Str. 5
Landau, 76829
Germany

HOME PAGE: http://www.uni-koblenz-landau.de/

Luis Oberrauch

University of Koblenz-Landau ( email )

56070 Koblenz-Metternich
Germany

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