Table of 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.


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@qu:...The encyclopedia covers vast area and features the writing of a wide range of scholars within the field. The fact that the volume is thematically organized under eight sections, each of which is given coherence by an introduction by the editor, allows ideas to be introduced and key issues to be identified for the reader. This is useful in a reference text, and here especially since it is in addition to a comprehensive index. Each section deals with a specific aspect of the economics of education. The coverage is comprehensive in scope and represents a variety of ideological perspectives. There is also a good balance between general theoretical analyses and those grounded in specific societies as well as between perspectives of the developed and developing world...the encyclopedia's value lies in the contribution that it can make to current debates in education. As such, it would be of value to sociologists, political economists, educational planners, practitioners and students within the field of education and development and comparative education. @source:British Journal of Educational Studies @from:Jandhyala B.G. Tilak @qu:...While the first edition concentrated on somewhat critical and dominant aspects of economics of education, the second edition gave much weighage to not so important issues that dominate the thinking and research in the area of economics of education, including, for example, screening theory, and hypotheses on over-education. In a sense, the coverage has been much wider in the second edition than in the first and reflects the complex growth of economics of education. In a way, the two editions partly complement each other, though partly substitute each other. Together, they form the richest source of knowledge in economics of education...Beyond doubt, it is a rich treasure for the students of economics of education. @source:Journal of Educational Planning Administration