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Social and nonmarket benefits from education in an advanced economy

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  • Robert H. Haveman
  • Barbara L. Wolfe

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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  • Robert H. Haveman & Barbara L. Wolfe, 2002. "Social and nonmarket benefits from education in an advanced economy," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 47(Jun), pages 97-142.
  • Handle: RePEc:fip:fedbcp:y:2002:i:jun:p:97-142:n:47
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    6. Schwalje, Wes, 2011. "Knowledge-based Economic Development as a Unifying Vision in a Post-awakening Arab World," MPRA Paper 30305, University Library of Munich, Germany.
    7. 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.
    8. Kristoffersen, Ingebjørg, 2018. "Great expectations: Education and subjective wellbeing," Journal of Economic Psychology, Elsevier, vol. 66(C), pages 64-78.
    9. 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, vol. 47(Jun), pages 143-180.
    10. Dee, Thomas S., 2004. "Are there civic returns to education?," Journal of Public Economics, Elsevier, vol. 88(9-10), pages 1697-1720, August.
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    13. KLEIN Carlo, 2012. "La cohésion sociale : un effet externe de l'investissement éducatif ?," LISER Working Paper Series 2012-39, Luxembourg Institute of Socio-Economic Research (LISER).
    14. Petter Lundborg, 0000. "The Health Returns to Education - What can we learn from Twins?," Tinbergen Institute Discussion Papers 08-027/3, Tinbergen Institute.
    15. Maria K. Humlum & Kristin J. Kleinjans & Helena S. Nielsen, 2012. "An Economic Analysis Of Identity And Career Choice," Economic Inquiry, Western Economic Association International, vol. 50(1), pages 39-61, January.
    16. Philip A. Trostel, 2007. "The fiscal impacts of college attainment," New England Public Policy Center Working Paper 07-2, Federal Reserve Bank of Boston.
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