Handbook of the Economics of Education, Volume 3 (Handbooks in Economics (North-Holland))

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9780444534293: Handbook of the Economics of Education, Volume 3 (Handbooks in Economics (North-Holland))

How does education affect economic and social outcomes, and how can it inform public policy? Volume 3 of the Handbooks in the Economics of Education uses newly available high quality data from around the world to address these and other core questions.  With the help of new methodological approaches, contributors cover econometric methods and international test score data.  They examine the determinants of educational outcomes and issues surrounding teacher salaries and licensure.  And reflecting government demands for more evidence-based policies, they take new looks at institutional feaures of school systems.  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 4, they measure our current understanding of educational acquisition and its economic and social effects. 

  • Uses rich data to study issues of high contemporary policy relevance
  • Demonstrates how education serves as an important determinant of economic and social outcomes
  • Benefits from the globalization of research in the economics of education
  • "synopsis" may belong to another edition of this title.

    About the Author:

    Eric Hanushek is the Paul and Jean Hanna Senior Fellow at the Hoover Institution of Stanford University. He is also chairman of the Executive Committee for the Texas Schools Project at the University of Texas at Dallas, a research associate of the National Bureau of Economic Research, and a member of the Koret Task Force on K-12 Education. He serves as a member of the Board of Directors of the National Board for Education Sciences and of the Governor's Advisory Committee on Education Excellence (California).

    Steve Machin's main research areas cover empirical work in labour economics, the economics of education and industrial relations. He is currently a Professor of Economics at University College London and Director of the Centre for the Economics of Education and Research Director at the Centre for Economic Performance. He is also one of the Editors of The Economic Journal.

    Ludger Woessmann is Professor of Economics at the University of Munich, and holds

    a joint appointment as Head of the “Human Capital and Innovation Department at

    Ifo Institute for Economic Research, Germany.

    Review:

    The Handbook chapters are incisive.  Each one successfully organizes an extensive literature around its core motivations, methodological concerns, and empirical results.  In addition to their concise reviews of existing work, they point the way for new research.

    William Collins, Vanderbilt University

    This Handbook volume offers a lot. Empirical investigators will especially benefits from its broad and insightful review of the methods used to identify and estimate the returns to education and the effects of school and teacher quality on student outcomes and house prices.

    Franco Peracchi, Tor Vergata University

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