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Human Capital and Education: The State of the Art in the Economics of Education

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  • Burgess, Simon

    () (University of Bristol)

Abstract

This review describes the research frontier on human capital and education in economics research. It delineates what is known and largely agreed, and what are the most promising lines for future research. The approach will be to explain clearly and precisely the research evidence, in a way that makes this accessible to a wide audience. The survey has two particular aims. First, it draws out the implications for key education policy issues, highlighting which policy ideas can be supported by the economics research. To do this, my focus is on research that identifies causal effects. Second, it tries to identify some of the big open research questions and policy knowledge gaps in this field.

Suggested Citation

  • Burgess, Simon, 2016. "Human Capital and Education: The State of the Art in the Economics of Education," IZA Discussion Papers 9885, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp9885
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    Cited by:

    1. Almeida, Andre & Figueiredo, Hugo & Cerejeira, João & Portela, Miguel & Sá, Carla & Teixeira, Pedro N., 2017. "Returns to Postgraduate Education in Portugal: Holding on to a Higher Ground?," IZA Discussion Papers 10676, Institute for the Study of Labor (IZA).
    2. Rebecca Allen & Simon Burgess & Jennifer Mayo, 2018. "The teacher labour market, teacher turnover and disadvantaged schools: new evidence for England," Education Economics, Taylor & Francis Journals, vol. 26(1), pages 4-23, January.

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    Keywords

    education; human capital;

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General

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