Handbook of the Economics of Education, Volume 1 (Handbooks in Economics)

The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement. With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments. Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys V.1. Post schooling wage growth : investment, search and learning / Yona Rubinstein and Yoram Weiss Long-term trends in schooling : the rise and decline (?) of public education in the United States / Sandra E. Black and Kenneth L. Sokoloff Historical perspectives on racial differences in schooling in the United States / William J. Collins and Robert A. Margo Immigrants and their schooling / James P. Smith Education wage premia and the distribution of earnings : an international perspective / Franco Peracchi Educational wage premiums and the U.S. income distribution : a survey / Donald R. Deere and Jelena Vesovic Earnings functions, rates of return and treatment effects : the Mincer equation and beyond / James J. Heckman, Lance J. Lochner and Petra E. Todd The social value of education and human capital / Fabian Lange and Robert Topel Why has black-white skill convergence stopped? / Derek Neal Education and nonmarket outcomes / Michael Grossman Does learning to add up add up? : the returns to schooling in aggregate data / Lant Pritchett Interpreting the evidence on life cycle skill formation / Flavio Cunha, James J. Heckman, Lance Lochner and Dimitriy V. Masterov v.2. Using wages to infer school quality / Robert Speakman and Finis Welch School Resources / Eric A. Hanushek Drinking from the fountain of knowledge : student incentive to study and learn : externalities, information problems and peer pressure / John Bishop Schools, teachers, and education outcomes in developing countries / Paul Glewwe and Michael Kremer Has school desegregation improved academic and economic outcomes for blacks? / Steven Rivkin and Finis Welch Teacher quality / Eric A. Hanushek and Steven G. Rivkin Teacher supply / Peter J. Dolton Pre-school, day care, and after school care : who's minding the kids? / David Blau The courts and public school finance : judge-made centralization and economic research / William A. Fischel Income and peer quality sorting in public and private schools / Thomas J. Nechyba Public intervention in post-secondary education / Thomas J. Kane US higher education finance / Michael S. McPherson and Morton Owen Schapiro Income contingent loans for higher education : international reforms / Bruce Chapman. Content: Introduction to the Series Page v Kenneth J. Arrow, Michael D. Intriligator Contents of the Handbook Pages vii-ix Contents of Volume 1 Pages xi-xviii Preface Pages xix-xx Eric A. Hanushek, Finis Welch Chapter 1 Post Schooling Wage Growth: Investment, Search and Learning Review Article Pages 1-67 Yona Rubinstein, Yoram Weiss Chapter 2 Long-Term Trends in Schooling: The Rise and Decline (?) of Public Education in the United States Review Article Pages 69-105 Sandra E. Black, Kenneth L. Sokoloff Chapter 3 Historical Perspectives on Racial Differences in Schooling in the United States Review Article Pages 107-154 William J. Collins, Robert A. Margo Chapter 4 Immigrants and Their Schooling Review Article Pages 155-187 James P. Smith Chapter 5 Educational Wage Premia and the Distribution of Earnings: An International Perspective Review Article Pages 189-254 Franco Peracchi Chapter 6 Educational Wage Premiums and the U.S. Income Distribution: A Survey Review Article Pages 255-306 Donald R. Deere, Jelena Vesovic Chapter 7 Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond Review Article Pages 307-458 James J. Heckman, Lance J. Lochner, Petra E. Todd Chapter 8 The Social Value of Education and Human Capital Review Article Pages 459-509 Fabian Lange, Robert Topel Chapter 9 Why Has Black–White Skill Convergence Stopped? Review Article Pages 511-576 Derek Neal Chapter 10 Education and Nonmarket Outcomes Review Article Pages 577-633 Michael Grossman Chapter 11 Does Learning to Add up Add up? The Returns to Schooling in Aggregate Data Review Article Pages 635-695 Lant Pritchett Chapter 12 Interpreting the Evidence on Life Cycle Skill Formation Review Article Pages 697-812 Flavio Cunha, James J. Heckman, Lance Lochner, Dimitriy V. Masterov Author Index Pages I1-I12 Subject Index Pages I13-I20

The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement.

With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments.

Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys

*Every volume contains contributions from leading researchers
*Each Handbook presents an accurate, self-contained survey of a particular topic
*The series provides comprehensive and accessible surveys

Vol. 3: How does education affect economic and social outcomes, and how can it inform public policy? Volume 3 of the Handbooks in the Economics of Education uses newly available high quality data from around the world to address these and other core questions. With the help of new methodological approaches, contributors cover econometric methods and international test score data. They examine the determinants of educational outcomes and issues surrounding teacher salaries and licensure. And reflecting government demands for more evidence-based policies, they Vol. 4: What is the value of an education? Volume 4 combines recent data with new methodologies to examine this and related questions from diverse perspectives. School choice and school competition, educator incentives, the college premium, and other considerations help make sense of the investments and returns associated with education