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The Economic Return to Education


  • Walsh, B.


In my contribution to this Symposium I wish to explore two main themes. The first deals with the contribution of education to economic growth at the macro level. In this part I shall discuss the evidence of the importance of eduaction - or human capital formation - as a determinant of the cross-country differences in living standards and rates of economic growth. The second topic I wish to develop is the measurement of the return to education at the level of theindividual. In my review of both themes I shall refer to the policy implications and show how Ireland relates to the international experience.

Suggested Citation

  • Walsh, B., 1998. "The Economic Return to Education," Papers 98/5, College Dublin, Department of Political Economy-.
  • Handle: RePEc:fth:dublec:98/5

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    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy


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