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Nonmarket outcomes of schooling

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  • B. Wolfe
  • S. Zuvekas

Abstract

Most studies of the benefits of education focus on market outcomes, particularly labor market returns. But the rewards of education are not limited to success at finding a job and earning money; schooling also affects nonmarket outcomes, such as one's health and the cognitive development of one's children. The authors discuss several nonmarket outcomes of education that have been confirmed by researchers and estimate the value that an additional year of schooling has on some of those outcomes.

Suggested Citation

  • B. Wolfe & S. Zuvekas, "undated". "Nonmarket outcomes of schooling," Institute for Research on Poverty Discussion Papers 1065-95, University of Wisconsin Institute for Research on Poverty.
    • Handle: RePEc:wop:wispod:1065-95
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    3. Àlexandr Knobel & Ilya Sokolov & Elizaveta Khudko, 2011. "The Impact of State Expenditure on the Quality of General Education in Russia," Research Paper Series, Gaidar Institute for Economic Policy, issue 152P.
    4. Panu Pelkonen, 2012. "Length of compulsory education and voter turnout—evidence from a staged reform," Public Choice, Springer, vol. 150(1), pages 51-75, January.
    5. Metcalfe, Renuka & Sloane, Peter J., 2007. "Human Capital Spillovers and Economic Performance in the Workplace in 2004: Some British Evidence," IZA Discussion Papers 2774, Institute of Labor Economics (IZA).
    6. Robert H. Haveman & Barbara L. Wolfe, 2002. "Social and nonmarket benefits from education in an advanced economy," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 47(Jun), pages 97-142.

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