Handbook of the Economics of Education

by Eric A. Hanushek (Editor), Stephen J. Machin (Editor), Ludger Woessmann (Editor)

Overview

What is the value of an education? Volume 4 of the Handbooks in the Economics of Education combines recent data with new methodologies to examine this and related questions from diverse perspectives. School choice and school competition, educator incentives, the college premium, and other considerations help make sense of the investments and returns associated with education. Volume editors Eric A. Hanushek (Stanford), Stephen Machin (University College London) and Ludger Woessmann (Ifo Institute for Economic Research, Munich) draw clear lines between newly emerging research on the economics of education and prior work. In conjunction with Volume 3, they measure our current understanding of educational acquisition and its economic and social effects.

Product Details

ISBN-13:	9780444634672
Publisher:	Elsevier Science
Publication date:	04/27/2016
Series:	ISSN
Sold by:	Barnes & Noble
Format:	eBook
Pages:	782
File size:	30 MB
Note:	This product may take a few minutes to download.

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