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Social and nonmarket benefits from education in an advanced economy

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  • Barbara L. Wolfe
  • Robert H. Haveman

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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Bibliographic Info

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

Volume (Year): 47 (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;

References

References listed on IDEAS
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Cited by:
  1. Miranda, Alfonso & Bratti, Massimiliano, 2006. "Non-Pecuniary Returns to Higher Education: The Effect on Smoking Intensity in the UK," IZA Discussion Papers 2090, Institute for the Study of Labor (IZA).
  2. Marc van der Steeg, 2005. "Why should governments intervene in education, and how effective is education policy," CPB Memorandum 122, CPB Netherlands Bureau for Economic Policy Analysis.
  3. Humlum, Maria Knoth & Kleinjans, Kristin J. & Nielsen, Helena Skyt, 2007. "An Economic Analysis of Identity and Career Choice," IZA Discussion Papers 3120, Institute for the Study of Labor (IZA).
  4. Dee, Thomas S., 2004. "Are there civic returns to education?," Journal of Public Economics, Elsevier, vol. 88(9-10), pages 1697-1720, August.
  5. Jessica Dye & Stephanié Rossouw & Gail Pacheco, 2012. "Well-being of women in New Zealand: The changing landscape," New Zealand Economic Papers, Taylor & Francis Journals, vol. 46(3), pages 273-302, December.
  6. Philip A. Trostel, 2007. "The fiscal impacts of college attainment," New England Public Policy Center Working Paper 07-2, Federal Reserve Bank of Boston.
  7. 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.
  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.
  9. Schwalje, Wes, 2011. "A Conceptual Model of National Skills Formation for Knowledge-based Economic Development," MPRA Paper 30302, University Library of Munich, Germany.
  10. KLEIN Carlo, 2012. "La cohésion sociale : un effet externe de l'investissement éducatif ?," CEPS/INSTEAD Working Paper Series 2012-39, CEPS/INSTEAD.
  11. 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.
  12. Lundborg, Petter, 2008. "The Health Returns to Education: What Can We Learn from Twins?," IZA Discussion Papers 3399, Institute for the Study of Labor (IZA).

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