Description
Book SynopsisThis Handbook provides a comprehensive overview of the modern economics of education literature, bringing together a series of original contributions by globally renowned experts in their fields. Covering a wide variety of topics, each chapter assesses the most recent research with an emphasis on skills, evaluation and data analytics.
Beginning with an analysis of the economic returns to education, the Handbook proceeds to examine educational production functions, various funding models, and the labour market for educators. The Handbook goes beyond these traditional concerns of the economics of education, by revealing how the methods of economics can be applied in the context of education to open up the 'black box' of production in this sector. Detailed analysis and evaluation of educational production offers practical solutions and reveals considerable new insight about the specific interventions that can be made to enhance the value of schooling. Significant new lines of research are also suggested.
This Handbook should be read by economists, policy-makers and practitioners in the field of education. Academics in the areas of the economics of education, labour economics and educational policy will also find this Handbook invaluable for current and further research.
Contributors include: T. Agasisti, R. Bachan, N. Barr, C.R. Belfield, A.J. Bowers, M. Bray, J. Britton, S.J. Cabus, I. Cornelisz, K. De Witte, A. Di Liberto, L. Fengliang, J. Ghysels, C. Haelermans, P. Iatarola, G. Johnes, J. Johnes, H.M. Levin, J. Liu, L. López-Torres, S. McIntosh, A. McKnight, B. Reilly, F. Saltiel, D. Santin, M. Sarzosa, G. Sicilia, L. Stiefel, F. Tomini, S. Urzua, A. Vignoles, S. Vincent-Lancrin
Trade Review'This is a very exciting volume. Education is a vibrant, fast paced field in economics, with diverse areas of focus, but all with critical impact on real lives. The Editors have brought some of the world's best together to deliver a sharp focus on these latest developments, but with a critical eye on policy implications. The linking of current academic thinking to policy is a distinctive feature of this Handbook.' --Colm Harmon, The University of Sydney, Australia
'This Handbook covers most of the topics ranging between equity in educational opportunities and efficiency in use of resources. Undoubtedly education represents an asset during working life, but a significant fraction of students are deprived from ownership, due to lack of adequate socio-emotional skills. Ensuring equal opportunities to every student may not be cost effective but it is policy relevant. Many contributions in the volume helps to appraise the relevance of these two poles.'
--Daniele Checchi, University of Milan, Italy
Table of ContentsContents: Introduction 1. Human capital and Returns to Education Geraint Johnes, Jill Johnes and Laura López-Torres 2. Cognitive and Socio-Emotional Abilities Fernando Saltiel, Miguel Sarzosa and Sergio Urzúa 3. Why Do School Dropout Rates Vary (So Much) Across Countries? A Survey Sofie Josefina Cabus 4. Education and social mobility: Theory, evidence and policy challenges Abigail McKnight 5. Inequality and education: Education as a cure for disadvantage Kristof De Witte and Florian Tomini 6. Labour Market Polarisation and the Implications for Education Steven McIntosh 7. Evaluating Didactical Interventions in Primary and Secondary Education Carla Haelermans and Joris Ghysels 8. Understanding innovation in education: Where do we stand? Stéphan Vincent-Lancrin 9. Data Analytics and Decision Making in Education: Towards the Educational Data Scientist as a Key Actor in Schools and Higher Education Institutions Tommaso Agasisti and Alex J. Bowers 10. Impact Evaluation and Frontier Methods in Education: A step forward Daniel Santín and Gabriela Sicilia 11. Education production functions Jack Britton and Anna Vignoles 12. Student Achievement and Costs in Small Schools Patrice Iatarola and Leanna Stiefel 13. Theory versus Empirics: A Review of the International School Choice Literature Ilja Cornelisz 14. School management and student achievements Adriana Di Liberto 15. Cost-effectiveness and educational efficiency Henry M. Levin and Clive R. Belfield 16. Funding post-compulsory education Nicholas Barr 17. The economics of distance education Fengliang Li 18. Understanding Shadow Education from the Perspective of Economics of Education Junyan Liu and Mark Bray 19. Pay in Education: Vice Chancellor and Rector Remuneration Ray Bachan and Barry Reilly Index
