The New Economics of Teachers and Education
Rapidly growing costs of elementary and secondary education are studied in the context of the rising value of women's time. The dramatic increase in direct costs of education per student in the past three decades is empirically linked to increasing demand and utilization of teacher and staff inputs, attributable to growing market opportunities for women and changes in the structure of families. On the supply side, the 'flexibility option' that female teachers who take temporary leaves do not suffer subsequent wage loss upon reentry is shown to be an important attraction of the teaching profession to women. Copyright 1997 by University of Chicago Press.
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Volume (Year): 15 (1997)
Issue (Month): 1 (January)
Pages: S104-39
| Handle: | RePEc:ucp:jlabec:v:15:y:1997:i:1:p:s104-39 |
| Contact details of provider: | Web page: http://www.journals.uchicago.edu/JOLE/
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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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- Juhn, Chinhui & Murphy, Kevin M & Pierce, Brooks, 1993. "Wage Inequality and the Rise in Returns to Skill," Journal of Political Economy, University of Chicago Press, vol. 101(3), pages 410-42, June.
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