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Eric A, Hanushek ; Laura M, Talpey ; Paul E, Peterson ; Eric, Hanushek ; Ludger, Woessmann. (2020) Long-Run Trends in the U.S. SES-Achievement Gap.
In: CESifo Working Paper Series. RePEc:ces:ceswps:_8111.
Full description at Econpapers
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The PISA Index of Economic, Social, and Cultural Status (ESCS) Across the different PISA waves, the OECD provides a measure of socio-economic status called the PISA Index of Economic, Social, and Cultural Status (ESCS). The ESCS, according to the PISA 2015 Technical Report, is “a composite score built by the indicators parental education (pared), prestige of the occupation of the parent with the highest occupational ranking (hisei), and home possessions (homepos) including books in the home via principal component analysis (PCA)…. The rationale for using these three components was that socio-economic status has usually been seen as based on education, occupational status and income. As no direct income measure has been available from the PISA data, the existence of household items has been used as a proxy for family wealth†(OECD (2017b)).
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