Updating the analysis of the determinants of the demand for education
Economic analysis of the determinants of the demand for education has been developed first in terms of human capital theory, and thereafter in terms of competing theories : radicalism, filter, signal, job competition. Developed in the seventies, these approaches remain dominant today, even though, since the eighties, recent economic analysis make it possible to find new interpretations. Particularly, unemployment theories and overlapping generations models of intra-family tranfers show that the demand for education may be not only simply liberated but also additionaly created by public education and employment policies. These state interventions are justified when market and family are defaulting, labor productivity insufficient, employment and demand for education sub-optimal. In this framework, state interventions stimulate the demand for education by direct supply of education, subsidizing households, and public employment of long-term unemployed.. Keywords : Demand for education – Educational investment – Supply of education – Inter-generations transfers – Intra-family transfers.
|Date of creation:||1999|
|Contact details of provider:|| Postal: PEGE. 61, Aven. de la Forêt-Noire 67000 Strasbourg|
Phone: +33 3 68 85 20 69
Fax: +33 3 68 85 20 70
Web page: http://www.beta-umr7522.fr/
More information through EDIRC
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.:
- Belman, Dale & Heywood, John S, 1991. "Sheepskin Effects in the Returns to Education: An Examination on Women and Minorities," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 720-724, November.
- Ryoo, Jai-Kyung & Nam, Young-Sook & Carnoy, Martin, 1993. "Changing rates of return to education over time: A Korean case study," Economics of Education Review, Elsevier, vol. 12(1), pages 71-80, March.
- CREMER, Helmuth & KESSLER, Denis & PESTIEAU, Pierre, "undated".
"Intergenerational transfers within the family,"
CORE Discussion Papers RP
970, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
- Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, Oxford University Press, vol. 87(3), pages 355-374.
- Alba-Ramirez, Alfonso & San Segundo, Maria Jesus, 1995. "The returns to education in Spain," Economics of Education Review, Elsevier, vol. 14(2), pages 155-166, June.
- Balestrino, Alessandro, 1997. "Education policy in a non-altruistic model of intergenerational transfers with endogenous fertility," European Journal of Political Economy, Elsevier, vol. 13(1), pages 157-169, February.
- Gintis, Herbert, 1971. "Education, Technology, and the Characteristics of Worker Productivity," American Economic Review, American Economic Association, vol. 61(2), pages 266-279, May.
- Heywood, John S., 1994. "How widespread are sheepskin returns to education in the U.S.?," Economics of Education Review, Elsevier, vol. 13(3), pages 227-234, September.
- Yves Guillotin & Patrick Sevestre, 1994. "Estimations de fonctions de gains sur données de panel : endogéneité du capital humain et effets de la sélection," Économie et Prévision, Programme National Persée, vol. 116(5), pages 119-135.
- Barham, V. & Boadway, R. & Marchand, M. & Pestieau, P., "undated".
"Education and the poverty trap,"
CORE Discussion Papers RP
1173, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Michael P. Keane & Kenneth I. Wolpin, 1995.
"The career decisions of young men,"
559, Federal Reserve Bank of Minneapolis.
- Bazen, Stephen & Skourias, Nicolas, 1997. "Is there a negative effect of minimum wages on youth employment in France?," European Economic Review, Elsevier, vol. 41(3-5), pages 723-732, April.
- Roed, Knut, 1998. " Egalitarian Wage Policies and Long-Term Unemployment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 100(3), pages 611-625, September.
- Acemoglu, Daron, 1995. "Public Policy in a Model of Long-Term Unemployment," Economica, London School of Economics and Political Science, vol. 62(246), pages 161-178, May.
When requesting a correction, please mention this item's handle: RePEc:ulp:sbbeta:9916. 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: ()
If references are entirely missing, you can add them using this form.