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L’économie de l'éducation fait-elle des progrès? Une perspective d'histoire de la pensée économique Author info | Abstract | Publisher info | Download info | Related research | Statistics Jean-Luc De Meulemeester () (Université Libre de Bruxelles, Department of Applied Economics (DULBEA) )
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In this paper we propose a broad survey of the main trends in the history of economic thought relative to education and human capital and try to assess whether progress has been made or not. If the main intuitions regarding the link between education and the economy were already present at the end of the 18th century, the main developments occurred mainly after WW2. We highlight the great dominant themes since the end of the 50s, showing both a kind of cyclical pattern in terms of the confidence in the beneficial role of education for the economy, as well as a continuous progress relativising the sometimes rather simple arguments of the (early) human capital school. Both an increased ‘historical’ awareness (role of institutions, path dependency) and the availability of larger individual datasets (allowing the econometricians to account for factors traditionally dealt with by sociologists) contributed since the 80s to the development of an economics of education that could contribute to sound social and economic policy recommandations.
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Article provided by Editions du DULBEA, Université libre de Bruxelles, Department of Applied Economics (DULBEA) in its journal Brussels Economic Journal/Cahiers Economiques de Bruxelles .
Volume (Year): 50 (2007)
Issue (Month): 1 ()
Pages: 89-111
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Handle: RePEc:bxr:bxrceb:y:2007:v:50:i:1:p:89-111Contact details of provider: Web page: http://www.dulbea.org More information through EDIRC
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Keywords: Education ; Growth ; Labour market ; History of economic thought. ; Other versions of this item:
Find related papers by JEL classification: B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 I2 - Health, Education, and Welfare - - Education J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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