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Social and nonmarket benefits from education in an advanced economy

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Author Info
Barbara L. Wolfe
Robert H. Haveman

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Abstract

The extent to which human capital, especially schooling, contributes to social well-being and economic growth is an important question, and has been addressed in numerous research studies. The results of these studies are diverse, and hence controversial and widely debated. Evidence on this issue has important implications for public policies toward education and the optimal public/private balance in the financing of educational services.

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Publisher Info
Article provided by Federal Reserve Bank of Boston in its journal Conference Series ; [Proceedings].

Volume (Year): (2002)
Issue (Month): Jun ()
Pages: 97-142
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Handle: RePEc:fip:fedbcp:y:2002:i:jun:p:97-142:n:47

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Keywords: Education;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Maria Knoth Humlum & Kristin J. Kleinjans & Helena Skyt Nielsen, 2007. "An Economic Analysis of Identity and Career Choice," Economics Working Papers 2007-14, School of Economics and Management, University of Aarhus. [Downloadable!]
    Other versions:
  2. Thomas A. Downes, 2002. "Do state governments matter?: a review of the evidence on the impact on educational outcomes of the changing role of the states in the financing of public education," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 143-180. [Downloadable!]
  3. Philip A. Trostel, 2007. "The fiscal impacts of college attainment," New England Public Policy Center Working Paper 07-2, Federal Reserve Bank of Boston. [Downloadable!]
  4. Alfonso Miranda & Massimiliano Bratti, 2006. "Non-pecuniary returns to higher education: The effect on smoking intensity in the UK," Keele Economics Research Papers KERP 2006/04, Centre for Economic Research, Keele University. [Downloadable!]
  5. Petter Lundborg, 2008. "The Health Returns to Education - What can we learn from Twins?," Tinbergen Institute Discussion Papers 08-027/3, Tinbergen Institute. [Downloadable!]
    Other versions:
  6. Marc van der Steeg, 2005. "Why should governments intervene in education, and how effective is education policy," CPB Memoranda 122, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  7. Alfonso Miranda & Massimiliano Bratti, 2006. "Non-Pecuniary Returns to Higher Education:," IZA Discussion Papers 2090, Institute for the Study of Labor (IZA). [Downloadable!]
  8. Benedikt Langner, 2007. "Externe Effekte der Bildung: Mythos oder Rechtfertigung für öffentliche Bildungsfinanzierung?," Otto-Wolff-Institut Discussion Paper Series 02/2007, Otto-Wolff-Institut für Wirtschaftsordnung, Köln, Deutschland. [Downloadable!]
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