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Nonmarket outcomes of schooling

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Author Info
B. Wolfe
S. Zuvekas

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Abstract

Most studies of the benefits of education focus on market outcomes, particularly labor market returns. But the rewards of education are not limited to success at finding a job and earning money; schooling also affects nonmarket outcomes, such as one's health and the cognitive development of one's children. The authors discuss several nonmarket outcomes of education that have been confirmed by researchers and estimate the value that an additional year of schooling has on some of those outcomes.

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Paper provided by University of Wisconsin Institute for Research on Poverty in its series Institute for Research on Poverty Discussion Papers with number 1065-95.

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Handle: RePEc:wop:wispod:1065-95

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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. Lewis C. Solmon, 1975. "The Relation between Schooling and Savings Behavior: An Example of the Indirect Effects of Education," NBER Chapters, in: Education, Income, and Human Behavior, pages 253-294 National Bureau of Economic Research, Inc. [Downloadable!]
  2. Corman, Hope, 1986. "The Demand for Education for Home Production," Economic Inquiry, Oxford University Press, vol. 24(2), pages 213-30, April.
  3. Gintis, Herbert, 1971. "Education, Technology, and the Characteristics of Worker Productivity," American Economic Review, American Economic Association, vol. 61(2), pages 266-79, May. [Downloadable!] (restricted)
  4. Metcalf, David, 1973. "Pay Dispersion, Information, and Returns to Search in a Professional Labour Market," Review of Economic Studies, Blackwell Publishing, vol. 40(4), pages 491-505, October. [Downloadable!] (restricted)
  5. Robert T. Michael & Robert J. Willis, 1976. "Contraception and Fertility: Household Production under Uncertainty," NBER Chapters, in: Household Production and Consumption, pages 25-98 National Bureau of Economic Research, Inc. [Downloadable!]
    Other versions:
  6. Ribar, David C., 1993. "A multinomial logit analysis of teenage fertility and high school completion," Economics of Education Review, Elsevier, vol. 12(2), pages 153-164, June. [Downloadable!] (restricted)
    Other versions:
  7. Rosenzweig, Mark R & Schultz, T Paul, 1989. "Schooling, Information and Nonmarket Productivity: Contraceptive Use and Its Effectiveness," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(2), pages 457-77, May. [Downloadable!] (restricted)
  8. Michael Grossman & Steven Jacobowitz, 1982. "Variations in Infant Mortality Rates among Counties in the United States: The Roles of Social Policies and Programs," NBER Working Papers 0615, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  9. Paul Wachtel, 1975. "The Effect of School Quality on Achievement, Attainment Levels, and Lifetime Earnings," NBER Chapters, in: Explorations in Economic Research, Volume 2, number 4, pages 54-88 National Bureau of Economic Research, Inc. [Downloadable!]
  10. Benham, Lee, 1974. "Benefits of Women's Education within Marriage," Journal of Political Economy, University of Chicago Press, vol. 82(2), pages S57-S71, Part II, . [Downloadable!] (restricted)
  11. Kemna, Harrie J. M. I., 1987. "Working conditions and the relationship between schooling and health," Journal of Health Economics, Elsevier, vol. 6(3), pages 189-210, September. [Downloadable!] (restricted)
  12. Leigh, J. Paul, 1981. "Hazardous occupations, illness, and schooling," Economics of Education Review, Elsevier, vol. 1(3), pages 381-388, June. [Downloadable!] (restricted)
  13. Lazear, Edward P, 1977. "Education: Consumption or Production?," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 569-97, June. [Downloadable!] (restricted)
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  14. Richard B. Freeman, 1982. "The Effect of Trade Unionism on Fringe Benefits," NBER Working Papers 0292, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  15. Behrman, Jere R. & Wolfe, Barbara L., 1987. "How does mother's schooling affect family health, nutrition, medical care usage, and household sanitation?," Journal of Econometrics, Elsevier, vol. 36(1-2), pages 185-204. [Downloadable!] (restricted)
  16. Linda N. Edwards & Michael Grossman, 1980. "The Relationship Between Children's Health and Intellectual Development," NBER Working Papers 0213, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  17. Isaac Ehrlich, 1975. "On the Relation between Education and Crime," NBER Chapters, in: Education, Income, and Human Behavior, pages 313-338 National Bureau of Economic Research, Inc. [Downloadable!]
  18. Rizzo, J.A. & Zeckhauser, R.J., 1989. "Advertising And The Price, Quantity And Quality Of Primary Care Physician Services," Papers 180d, Harvard - J.F. Kennedy School of Government.
  19. Timothy Smeeding, 1983. "The Size Distribution of Wage and Nonwage Compensation: Employer Cost versus Employee Value," NBER Chapters, in: The Measurement of Labor Cost, pages 237-286 National Bureau of Economic Research, Inc. [Downloadable!]
  20. Nelson, Richard R, 1973. "Recent Exercises in Growth Accounting: New Understanding or Dead End?," American Economic Review, American Economic Association, vol. 63(3), pages 462-68, June. [Downloadable!] (restricted)
  21. Michael Grossman, 1973. "The Correlation Between Health and Schooling," NBER Working Papers 0022, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  22. Kenkel, Donald S, 1991. "Health Behavior, Health Knowledge, and Schooling," Journal of Political Economy, University of Chicago Press, vol. 99(2), pages 287-305, April. [Downloadable!] (restricted)
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  23. W. Lee Hansen, 1963. "Total and Private Rates of Return to Investment in Schooling," Journal of Political Economy, University of Chicago Press, vol. 71, pages 128. [Downloadable!] (restricted)
  24. Lucas, Robert E B, 1977. "Hedonic Wage Equations and Psychic Wages in the Returns to Schooling," American Economic Review, American Economic Association, vol. 67(4), pages 549-58, September. [Downloadable!] (restricted)
  25. Murnane, Richard J., 1981. "New evidence on the relationship between mother's education and children's cognitive skills," Economics of Education Review, Elsevier, vol. 1(2), pages 245-252, April. [Downloadable!] (restricted)
  26. Wolfe, Barbara L. & Behrman, Jere R., 1982. "Determinants of child mortality, health, and nutrition in a developing country," Journal of Development Economics, Elsevier, vol. 11(2), pages 163-193, October. [Downloadable!] (restricted)
  27. An, Chong-Bum & Haveman, Robert & Wolfe, Barbara, 1993. "Teen Out-of-Wedlock Births and Welfare Receipt: The Role of Childhood Events and Economic Circumstances," The Review of Economics and Statistics, MIT Press, vol. 75(2), pages 195-208, May. [Downloadable!] (restricted)
  28. Lee Benham, 1974. "Benefits of Women's Education within Marriage," NBER Chapters, in: Marriage, Family, Human Capital, and Fertility, pages 57-75 National Bureau of Economic Research, Inc. [Downloadable!]
  29. Lee Benham, 1974. "Benefits of Women's Education within Marriage," NBER Chapters, in: Economics of the Family: Marriage, Children, and Human Capital, pages 375-394 National Bureau of Economic Research, Inc. [Downloadable!]
  30. Robert A. Shakotko & Linda N. Edwards & Michael Grossman, 1982. "An Exploration of the Dynamic Relationship between Health and Cognitive Development in Adolescence," NBER Working Papers 0454, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  31. Becker, Gary S & Landes, Elisabeth M & Michael, Robert T, 1977. "An Economic Analysis of Marital Instability," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1141-87, December. [Downloadable!] (restricted)
  32. Lee, Lung-Fei, 1982. "Health and Wage: A Simultaneous Equation Model with Multiple Discrete Indicators," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(1), pages 199-221, February. [Downloadable!] (restricted)
  33. Benham, Lee & Benham, Alexandra, 1975. "Regulating Through the Professions: A Perspective on Information Control," Journal of Law & Economics, University of Chicago Press, vol. 18(2), pages 421-47, October.
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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. Luis Vila & Belen GarcĂ­a-Mora, 2005. "Education and the Determinants of Job Satisfaction," Education Economics, Taylor and Francis Journals, vol. 13(4), pages 409-425, December. [Downloadable!] (restricted)
  2. Renuka Metcalfe & Peter J. Sloane, 2007. "Human Capital Spillovers and Economic Performance in the Workplace in 2004: Some British Evidence," IZA Discussion Papers 2774, Institute for the Study of Labor (IZA). [Downloadable!]
  3. Jim Davies, 2003. "Empirical Evidence on Human Capital Externalities," University of Western Ontario, RBC Financial Group Economic Policy Research Institute Working Papers 20035, University of Western Ontario, RBC Financial Group Economic Policy Research Institute. [Downloadable!]
    Other versions:
  4. Barbara L. Wolfe & Robert H. Haveman, 2002. "Social and nonmarket benefits from education in an advanced economy," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 97-142. [Downloadable!]
  5. Vibeke Opheim, 2005. "The Economic Burden of Student Loan Repayment in Norway," Education Economics, Taylor and Francis Journals, vol. 13(4), pages 427-447, December. [Downloadable!] (restricted)
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