Handbook of the Economics of Education

by Eric A. Hanushek, Stephen J. Machin, Ludger Woessmann

Overview

The volume of research into the economics of education has grown rapidly in recent years. In this comprehensive new Handbook, editors Eric Hanushek, Stephen Machin, and Ludger Woessmann assemble original contributions from leading researchers, addressing contemporary advances in the field. Each chapter illuminates major methodological and theoretical developments and directs the reader to productive new lines of research. As a result, these concise overviews of the existing literature offer an essential ‘jumpstart’ for both students and researchers alike.

• Demonstrates how new methodologies are yielding fresh perspectives in education economics
• Uses rich data to study issues of high contemporary policy relevance
• Explores innovations in higher education, competition, and the uses of technology

Product Details

ISBN-13:	9780444634597
Publisher:	Elsevier Science
Publication date:	05/04/2016
Series:	Handbook of the Economics of Education , #5
Pages:	782
Product dimensions:	7.50(w) x 9.25(h) x (d)

About the Author

Eric Hanushek is the Paul and Jean Hanna Senior Fellow at the Hoover Institution of Stanford University. He is internationally recognized for his economic analysis of educational issues, and his research has had broad influence on education policy in both developed and developing countries. He received the Yidan Prize for Education Research in 2021. He is the author of numerous widely-cited studies on the effects of class size reduction, school accountability, teacher effectiveness, and other topics. He was the first to research teacher effectiveness by measuring students’ learning gains, which forms the conceptual basis for using value-added measures to evaluate teachers and schools, now a widely adopted practice. His recent book with Ludger Woessmann, The Knowledge Capital of Nations: Education and the Economics of Growth summarizes research establishing the close links between countries’ long-term rates of economic growth and the skill levels of their populations. He has authored or edited twenty-five books along with over 300 articles. He is a Distinguished Graduate of the United States Air Force Academy and completed his Ph.D. in economics at the Massachusetts Institute of Technology. [e-mail]; http://hanushek.stanford.edu/

Table of Contents

13. Using Wages to Infer School Quality
14. School Resources
15. Drinking from the Fountain of Knowledge: Student Incentive to Study and Learn – Externalities, Information Problems and Peer Pressure
16. Schools, teachers, and Education Outcomes in Developing Countries
17. Has School Desegregation Improved Academic and Economic Outcomes for Blacks?
18. Teacher Quality
19. Teacher Supply
20. Pre-School, Day Care and After School Care: Who’s Minding the Kids?
21. The Courts and Public School Finance: Judge-Made Centralization and Economic Research
22. Income and Peer Quality Sorting in Public and Private Schools
23. Public Intervention in Post-Secondary Education
24. US Higher Education Finance
25. Income Contingent Loans for Higher Education: International Reforms

What People are Saying About This

From the Publisher

This volume brings active researchers to next frontiers of analysis

Editorial Reviews

"2011 PROSE Award Honorable Mention for Economics"

"The increased importance of knowledge, skills, and information in the modern economy means that human capital and education will be even more important in the future than it has been during the past 50 years. ... The articles in these handbook volumes convey some of the excitement that continues in research on the economics of education." —Gary S. Becker, University of Chicago

"This important volume follows soon after volume 3, so together they provide up-to-date expert evaluations of the latest research findings on the economics of education, including some significant topics that are little discussed by economists. There are chapters on how psychological behavior affects economic decisions; the relation between educational achievement on one hand and criminal activity, good health, and political participation on the other; and the relation between education and the process of economic development. Other chapters address more familiar issues, such as education and migration, the use of school vouchers, overall school financing, and performance pay for teachers. One chapter considers an intriguing issue—whether there has been, or can be, over education. Most readers will appreciate the chapter on the determinants of college achievement. Each of the nine long essays comes with an unusually extensive bibliography. Of strong value for researchers and professional educators. Summing Up: Highly recommended. Upper-division undergraduate through professional collections." —CHOICE, August 2012, Vol. 49, No. 11, page 153

From the Publisher