This major Handbook comprehensively surveys the rapidly growing field of the economics of education. It is unique in that it comprises original contributions on an exceptional range of topics from a review of human capital, signalling and screening models, to consideration of issues such as educational externalities and economic growth, funding models, determinants of educational success, the educational production function, educational standards and efficiency measurement. Labour market issues such as the market for teachers and the transition of students from school to work are also explored.
The International Handbook on the Economics of Education will be warmly welcomed by academic economists, educational researchers and practitioners in educational management as well as policymakers. Comprising specially commissioned articles, the Handbook will become indispensable reference for this ever topical field of study.
Edited by Geraint Johnes, Professor of Economics, Lancaster University Management School and Jill Johnes, Professor of Production Economics, Huddersfield Business School, University of Huddersfield, UK
Contents: Introduction 1. Human Capital and Rates of Return George Psacharopoulos and Harry Anthony Patrinos 2. Signalling and Screening Sarah Brown and John G. Sessions 3. The Economic Assessment of Training Schemes Peter J. Dolton 4. Education and Economic Growth Philip Stevens and Martin Weale 5. Skill-Biased Technical Change and Educational Outcomes Stephen Machin 6. The Social and External Benefits of Education Walter W. McMahon 7. School Finance David Mitch 8. Funding Higher Education David Greenaway and Michelle Haynes 9. Exploring the Effect of Class Size on Student Achievement: What Have We Learned Over the Past Two Decades? Susan L. Averett and Michele C. McLennan 10. The Economics of Secondary Schooling Steve Bradley and Jim Taylor 11. Determinants of Educational Success in Higher Education Robin A. Naylor and Jeremy Smith 12. Standards and Grade Inflation Geraint Johnes 13. The School-to-Work Transition Steve Bradley and Anh Ngoc Nguyen 14. The Labour Market for Teachers Paulo Santiago 15. Multi-product Cost Functions for Universities: Economies of Scale and Scope Elchanan Cohn and Samuel T. Cooper 16. Efficiency Measurement Jill Johnes 17. Education, Child Labour and Development Saqib Jafarey and Sajal Lahiri 18. Education and Housing William H. Hoyt Index