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Second Edition
Edited By
Martin Carnoy
Included in series
Resources in Education Series, 2
Description
This new Encyclopedia draws upon articles in The International Encyclopedia of Education, 2nd Edition (described by Choice
as being "a premier resource when judged on virtually every criteria applied to a reference work") with revisions as well as
new articles. It provides an understanding of where the economics of education has been, where it is heading, and where it needs to go
in the future to provide further insights into the human role in production and the production of human skills valued in the labour market.
The economics of education has both been expanded into new areas of research and has deepened and changed its analysis of traditional
areas, such as educational finance, the production of knowledge, and the relation between education and economic growth. In the past
decade theories have been modified and new concepts have appeared. The rapid change within the field convinced the publisher and the
Editors-in-Chief of the need for a completely new edition of this valuable compilation.
The volume is divided into eight sections:
The economics of education, then and now, education and labour markets, the benefits of education, education economic growth and technological
change, education, income distribution and discrimination, the production of education, evaluating educational investment, and financing
education. Each of the sections has its own introduction.
Audience
The Encyclopedia is recommended not only to specialists in education finance, educational administration, economic departments, government
agencies and research corporations involved in educational, human resource and economic development issues, but to all educational researchers
and anyone with a general interest in education.
Contents
The Economics of Education, Then and Now.
Economics of education, then and now (M. Carnoy).
Education and Labor
Markets.
Introduction (M. Carnoy). Work and education (H.M. Levin). Education and the labor market (K. Hinchliffe). Human capital
concepts (M. Woodhall). Internal labor markets and education (P.B. Doeringer). Screening models and education (W. Groot, J. Hartog).
Education and segmented labor markets (G. DeFreitas). The employment contract and education (M. Blaug). Agency and efficiency wage theory
(S. Bowles, H. Gintis). Job information and education (S. Rosen). Demand and supply elasticities for educated labor (R.B. Freeman). On-the-job
training (M.J. Bowman). Vintage effects and education (S. Rosen). Internal migration and education (R.H. Sabot, P.L. Wong). Economics
of the brain drain (H.G. Grubel). Public sector employment and education (K. Hinchliffe). Education and labor markets in developing nations
(I. Llamas). Education and female labor force participation in industrializing countries (G.V. De Miranda). Educational expansion and
labor markets (G.S. Fields). Education and informal labor markets (M. Tueros).
The Benefits of Education.
Introduction
(M. Carnoy). Benefits of education (L.C. Solmon, C.L. Fagnano). Education and productivity (M. Carnoy). Education and agricultural productivity
(P.R. Moock, H. Addou). Vocational education and productivity (Weifang Min). Education and earnings (P. Cipollone). Education, occupation,
and earnings (T. Tachibanaki). Benefits of improving the quality of education (M. Carnoy). External benefits of education (B.L. Wolfe).
Education and fertility (L. Gibney). Consumption benefits of education (W.W. McMahon). Returns to vocational education in developing
nations (Yue-Ping Chung). Economics of apprenticeship (S.F. Hamilton, R. Glover). Economics of nonformal training (A.-M. Arriagada,
P.L. Wong).
Education, Economic Growth, and Technological Change.
Introduction (M. Carnoy). Education and economic growth
(N.L. Hicks). Endogenous learning and economic growth (D.J. Harris). Education and technological change (M. Carnoy). Education and the
new international division of labor (M. Carnoy). Technological change and the demand for educated labor (R.W. Rumberger). Technological
change and deskilling (K.I. Spenner).
Education, Income Distribution, and Discrimination.
Introduction (M. Carnoy).
Income distribution and education (J. Velloso). Race earnings differentials (M. Carnoy). Gender differences in earnings (M.A. Ferber).
Gender and occupational segregation (M.H. Strober). Economics of gender and education choices (E.M. King). Immigrants' economic performance
and education (B.R. Chiswick). Kinship and investment in education (J.R. Behrman, P. Taubman). Family status and economic status (P.
Taubman).
The Production of Education.
Introduction (M. Carnoy). Education production functions (E.A. Hanushek). Process
of schooling (H.M. Levin). Political economy of educational production (M. Carnoy). Joint production of education (M. Carnoy). Microeconomics
of school production (D.H. Monk). School dropouts (D.M. Kelly). Economics of preschool education (W.S. Barnett). Supply of teachers (R.J.
Murnane). Economics of teacher education (A. Wagner). Economics of teacher unionization (R.W. Eberts, J.A. Stone). Teacher participation
in school decision making (C. Brown). Economics of school enterprise (D. Stern). Economics of childcare (M.H. Strober). School choice:
market mechanisms (H.M. Levin). Economics of educational time and learning (B. Millot). Educational technology: cost effectiveness analysis
(S.J. Klees).
Evaluating Educational Investment.
Introduction (M. Carnoy). Cost-benefit analysis (H.M. Levin). Rates
of return to education (M. Carnoy). Manpower analysis (K. Hinchliffe). Cost-effectiveness analysis (H.M. Levin). Cost analysis in education
(M.C. Tsang). Private and public costs of schooling in developing nations (M.C. Tsang).
Financing Education.
Introduction
(M. Carnoy). Educational financing (C.S. Benson). School finance (H.M. Levin). Student loans (M. Woodhall). Student fees (M. Woodhall).
Community financing of education (M. Bray). International financing of education (D.M. Windham). International aspects of financing education
(E. Jimenez). International educational expenditures (J.-C. Eicher). Public-private division of responsibility for education (E. James).
| Bibliographic details |
Hardbound, 0 pages, publication date: DEC-1995
ISBN-13: 978-0-08-042303-6
ISBN-10: 0-08-042303-5
Imprint: PERGAMON
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081/860
Last update: 5 Nov 2009
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