IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Conceptual Framework for the Analysis of the Social Benefits of Lifelong Learnings

Listed author(s):
  • Walter McMahon
Registered author(s):

    This paper systematically identifies the market and non-market returns to education over the life cycle of gruaduates, as well as the social benefits externalities. It considers the most recent developments in the measurement and the valuation of these returns to additions to existing provisions for education and relates them to the costs. This is within the conceptual framework for lifelong learning defined by the graduate's life cycle, given that the capacity of graduates to learn later and to adapt is correlated with their prior schooling. The paper suggests that the capacity to finance lifelong learning depends on the capacity to identify and credibly measure these net social and private benefits, some of which are not well known and about which there is also misinformation. It also concludes that the capacity to finance education depends on political processes, which therefore are analyzed also, and on the capacity to build broad-based coalitions using knowledge about these marginal products.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Taylor & Francis Journals in its journal Education Economics.

    Volume (Year): 6 (1998)
    Issue (Month): 3 ()
    Pages: 309-346

    in new window

    Handle: RePEc:taf:edecon:v:6:y:1998:i:3:p:309-346
    DOI: 10.1080/09645299800000022
    Contact details of provider: Web page:

    Order Information: Web:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:taf:edecon:v:6:y:1998:i:3:p:309-346. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.