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The Economics of Education

Author

Listed:
  • Checchi,Daniele

Abstract

In an important contribution to educational policy, Daniele Checchi offers an economic perspective on the demand and supply of education. He explores the reasons why, beyond a certain point, investment in education has not resulted in reductions in social inequalities. Starting with the seminal work of Gary Becker, Checchi provides an extensive survey of the literature on human capital and social capital formation. He draws on individual data on intergenerational transmission of income and education for the USA, Germany and Italy, as well as aggregate data on income and educational inequality for a much wider range of countries. Checchi explores whether resources spent in education are effective in raising students' achievement, as well as analysing alternative ways of financing education. The Economics of Education thus provides the analytical tools necessary to understand the complex relationships between current income inequality, access to education and future inequality.

Suggested Citation

  • Checchi,Daniele, 2008. "The Economics of Education," Cambridge Books, Cambridge University Press, number 9780521066464, April.
  • Handle: RePEc:cup:cbooks:9780521066464
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    Cited by:

    1. Bernhard Eckwert & Itzhak Zilcha, 2012. "Private Investment in Higher Education: Comparing Alternative Funding Schemes," Economica, London School of Economics and Political Science, vol. 79(313), pages 76-96, January.
    2. Simeonova-Ganeva, Ralitsa & Panayotova, Nataliya & Ganev, Kaloyan, 2013. "Моделиране На Възвращаемостта От Образование И Реализация На Притежателите На Докторски Степени На Пазара На Труда В България
      [Modeling returns to education and labour market outcomes of doctoral d
      ," MPRA Paper 48175, University Library of Munich, Germany.
    3. Astrid Krenz, 2008. "Theorie und Empirie über den Wirkungszusammenhang zwischen sozialer Herkunft, kulturellem und sozialem Kapital, Bildung und Einkommen in der Bundesrepublik Deutschland," SOEPpapers on Multidisciplinary Panel Data Research 128, DIW Berlin, The German Socio-Economic Panel (SOEP).
    4. Michele Bernasconi & Paola Profeta, 2007. "Redistribution or Education? The Political Economy of the Social Race," CESifo Working Paper Series 1934, CESifo Group Munich.
    5. De Paola, Maria & Scoppa, Vincenzo, 2009. "Effects of Class Size on Achievement of College Students," MPRA Paper 16945, University Library of Munich, Germany.
    6. repec:bdi:workqs:qse_06 is not listed on IDEAS
    7. Eckwert, Bernhard & Zilcha, Itzhak, 2010. "Improvement in information and private investment in education," Journal of Economic Dynamics and Control, Elsevier, vol. 34(4), pages 585-597, April.
    8. repec:zbw:espost:167705 is not listed on IDEAS
    9. Floro Ernesto Caroleo & Francesco Pastore, 2012. "Talking about the Pigou paradox: Socio-educational background and educational outcomes of AlmaLaurea," International Journal of Manpower, Emerald Group Publishing, vol. 33(1), pages 27-50, March.
    10. Giuseppe Coco & Raffaele Lagravinese, 2012. "Incentive Effects on Efficiency in Education Systems’ Performance," Working Papers 270, ECINEQ, Society for the Study of Economic Inequality.
    11. Olga Demidova & Marcello Signorelli, 2010. "The Impact of Crises on Youth Unemployment of Russian Regions: An Empirical Analysis," Quaderni del Dipartimento di Economia, Finanza e Statistica 78/2010, Università di Perugia, Dipartimento Economia.
    12. Giuseppe Bertola & Paolo Sestito, 2011. "A Comparative Perspective on Italy's Human Capital Accumulation," Quaderni di storia economica (Economic History Working Papers) 06, Bank of Italy, Economic Research and International Relations Area.
    13. Enrico Marelli & Misbah T. Choudhry & Marcello Signorelli, 2013. "Youth and total unemployment rate: the impact of policies and institutions," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, vol. 121(1), pages 63-86.
    14. Maria De Paola, 2011. "Easy grading practices and supply–demand factors: evidence from Italy," Empirical Economics, Springer, vol. 41(2), pages 227-246, October.
    15. Lefranc, Arnaud, 2018. "Intergenerational Earnings Persistence and Economic Inequality in the Long-Run: Evidence from French Cohorts, 1931-1975," IZA Discussion Papers 11406, Institute for the Study of Labor (IZA).
    16. Misbah Tanveer Choudhry & Enrico Marelli & Marcello Signorelli, 2012. "Youth unemployment rate and impact of financial crises," International Journal of Manpower, Emerald Group Publishing, vol. 33(1), pages 76-95, March.
    17. Riccardo Leoni, 2011. "Employability of graduates and development of competencies: mind the gap and mind the step! Empirical evidence for Italy," Working Papers (-2012) 1101, University of Bergamo, Department of Economics.
    18. Jean-Marie Viaene & Itzhak Zilcha, 2009. "Human Capital and Inequality Dynamics: The Role of Education Technology," Economica, London School of Economics and Political Science, vol. 76(304), pages 760-778, October.
    19. Dario Sciulli & Marcello Signorelli, 2010. "University-to-work transitions: the case of Perugia," Quaderni del Dipartimento di Economia, Finanza e Statistica 77/2010, Università di Perugia, Dipartimento Economia.

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