Handbook of the Economics of Education (Volume 4) (Handbooks in Economics)

What is the value of an education? Volume 4 of the Handbooks in the Economics of Education 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. Volume editors Eric A. Hanushek (Stanford), Stephen Machin (University College London) and Ludger Woessmann (Ifo Institute for Economic Research, Munich) draw clear lines between newly emerging research on the economics of education and prior work. In conjunction with Volume 3, they measure our current understanding of educational acquisition and its economic and social effects. Winner of a 2011 PROSE Award Honorable Mention in Economics from the Association of American Publishers Demonstrates how new methodologies are yielding fresh perspectives in education economics Presents topics and authors whose data and conclusions attest to the globalization of research Complements the policy and social outcomes themes of volume 3

What is the value of an education? Volume 4 of the Handbooks in the Economics of Education 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. Volume editors Eric A. Hanushek (Stanford), Stephen Machin (University College London) and Ludger Woessmann (Ifo Institute for Economic Research, Munich) draw clear lines between newly emerging research on the economics of education and prior work. In conjunction with Volume 3, they measure our current understanding of educational acquisition and its economic and social effects.

• Winner of a 2011 PROSE Award Honorable Mention in Economics from the Association of American Publishers
• Demonstrates how new methodologies are yielding fresh perspectives in education economics
• Presents topics and authors whose data and conclusions attest to the globalization of research
• Complements the policy and social outcomes themes of volume 3

Content: Edited by Page i Series Editors Page ii Copyright Page iv Contributors Pages ix-x Reflections on the Economics of Education Pages xi-xiv Introduction to Handbook Pages xv-xvi Chapter 1 - Personality Psychology and Economics Pages 1-181 Mathilde Almlund, Angela Lee Duckworth, James Heckman, Tim Kautz Chapter 2 - Nonproduction Benefits of Education: Crime, Health, and Good Citizenship Pages 183-282 Lochner Lance Chapter 3 - Overeducation and Mismatch in the Labor Market Pages 283-326 Edwin Leuven, Hessel Oosterbeek Chapter 4 - Migration and Education Pages 327-439 Christian Dustmann, Albrecht Glitz Chapter 5 - Inequality, Human Capital Formation, and the Process of Development Pages 441-493 Galor Oded Chapter 6 - The Design of Performance Pay in Education Pages 495-550 Derek Neal Chapter 7 - Educational Vouchers in International Contexts Pages 551-572 Eric Bettinger Chapter 8 - Dropouts and Diplomas: The Divergence in Collegiate Outcomes Pages 573-613 John Bound, Sarah Turner Chapter 9 - The Political Economy of Education Funding Pages 615-680 Gerhard Glomm, B. Ravikumar, Ioana C. Schiopu Index Pages 681-690 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