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Economics of Education - 1st Edition - ISBN: 9780080333793, 9781483145259

Economics of Education

1st Edition

Research and Studies

Editor: George Psacharopoulos
eBook ISBN: 9781483145259
Imprint: Pergamon
Published Date: 1st January 1987
Page Count: 498
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Economics of Education: Research and Studies reviews key topics in the field of economics of education since 1960s. This book is organized into 12 parts. Part I and Part II focus on the supply side of human capital and narrower aspects of human capital creation by means of education. Subsequent parts look at the benefits of education; relationship between education and employment; controversies in the field of economics of education; issues of manpower planning; and methodology for empirically analyzing the issues in the economics of education. The last two parts address the costs of education, with emphasis on cost function, analysis and on the financing of education.

Table of Contents


Economics of Education: A Review

Part I The Formation of Human Capital

Education and Population Quality

Knowledge Industries and Knowledge Occupations

Human Capital Concepts

On-the-Job Training

Part II Educational Production

Educational Production Functions

Educational Technology

The Quality of Education

Achievement Tests

Wastage in Education

University Internal Efficiency

Accountability in Education

Part III The Benefits of Education

The Range of Educational Benefits

The Contribution of Education to Development

Education and Economic Growth

Modernization and Education

Farmers' Education and Economic Performance

Labor Quality and Education

Female Labor and Education

Consumption and Other Benefits of Education

Externalities in Education

Part IV Education and Employment

Education and the Labor Market

Work and Education

Labor Market Theories and Education

Internal Labor Markets and Education

Youth Unemployment and Education

Graduate Unemployment and Education

Job Information and Education

Student Labor Market Expectations

Expected Rates of Returns to Education

Internal Migration and Education

Immigrants' Economic Performance and Education

The Economics of the Brain Drain

Part V The Analysis of Earnings

Earnings and Education

Earnings Functions

Vintage Effects and Education

Public Sector Employment and Education

Sex Earnings Differentials

Race Earnings Differentials

Demand Elasticities for Educated Labor

Substitution Elasticities for Educated Labor

Supply Elasticities for Educated Labor

The Economics of Teacher Supply

Part VI The Distribution of Educational Outcomes

Income Distribution and Education

Personal Earnings Variation and Education

Status Attainment Models and Education

Part VII Ability and Screening

Intelligence Theories and Tests

Heredity-Environment Intelligence Determinants

Ability: Effects on Earnings

The Alpha Coefficient

Screening Models and Education

Kinship Studies

Self-Selection and Education

Occupational Licensing and Education

Part VIII Education and Manpower Planning

The "Relevance" of Education

Skill Excess and Shortage

Economic Aspects of Educational Planning

Forecasting Manpower Requirements

The Planning of Vocational Education

Planning Teacher Supply and Demand

Part IX Planning Models

The Manpower Requirements Approach

The OECD's Mediterranean Regional Project

Input-Output Analysis in Education

The Tinbergen Model

The Interindustry Model

The International Comparisons Model

The Cost-Benefit Model

Shadow Wages and Rates of Return

Cost-Effectiveness Analysis in Education

Linear Programming Models

The Bowles Model

The Adelman Model

Synthetic Educational Planning Models

Social Demand Models

The Social Demand Model

Part X Longitudinal Analyses in Education

Longitudinal Research Methods

Tracer Studies

Cohort Analysis

Part XI Educational Costs

Cost Analysis in Education

Educational Cost Functions

International Educational Expenditures

Student Fees

The Cost of Children

Part XII The Financing of Education

Educational Financing

School Finance

Public Finance in Education

Financing Vocational and Industrial Education

Student Loans

Contributors' Index

Name Index

Subject Index

Title Index


No. of pages:
© Pergamon 1987
1st January 1987
eBook ISBN:

About the Editor

George Psacharopoulos

Affiliations and Expertise

The World Bank, Washington, USA

Ratings and Reviews