Handbook of the Economics of Education

INTRODUCTION TO THE SERIES

Contributors

Reflections on the Economics of Education

Introduction to Handbook

Chapter 1: Personality Psychology and Economics

1 Introduction

2 Personality and Personality Traits: Definitions and a Brief History of Personality Psychology

3 Conceptualizing Personality and Personality Traits within Economic Models

4 Measuring Personality

5 Implementing the Measurement Systems

6 Personality and Preference Parameters

7 The Predictive Power of Personality Traits

8 Stability and Change in Personality Traits and Preferences

9 Summary and Conclusions

References

Chapter 2: Nonproduction Benefits of Education

1 Introduction

2 Education’s Effects on Crime

3 Education’s Effects on Health and Mortality

4 Education’s Effect on Citizenship, Political Participation, and Democracy

5 Conclusions

Appendix: Estimating Mediating Effects

Acknowledgments

References

Chapter 3: Overeducation and Mismatch in the Labor Market

1 Introduction

2 Questions

3 Measurement Issues

4 Incidence

5 Impact on Earnings

6 Relation to Labor Market Theories

7 Conclusion

References

Chapter 4: Migration and Education

1 Introduction

2 Empirical Evidence

3 The Migrant

4 The Effect of Migration on the Skill Base and Educational Attainment of Nonmigrants

5 The Children of Immigrants

6 Conclusion

References

Chapter 5: Inequality, Human Capital Formation, and the Process of Development

1 Introduction

2 The Benchmark Model

3 A Unified Theory of Inequality and Growth

4 Nonfinancial Hurdles for Human Capital Accumulation

5 Evidence

6 Concluding Remarks

References

Chapter 6: The Design of Performance Pay in Education

1 Screening Teachers

2 Moral Hazard

3 Markets

4 Conclusion

Acknowledgments

References

Chapter 7: Educational Vouchers in International Contexts

1 The Context for Vouchers Abroad

2 Voucher Programs in Colombia, Chile, and Sweden

3 Effects of Vouchers on Voucher Users

4 Effects of Vouchers on Overall School System

5 Conclusion and Suggested Directions for Future Study

References

Chapter 8: Dropouts and Diplomas

1 Introduction and Motivating Data

2 Models of Years of Schooling and Application to Degree Attainment

3 Specification of College Degree Attainment

4 Evidence on Determinants of Degree Attainment

5 Unanswered Questions in the Study of Degree Attainment

References

Chapter 9: The Political Economy of Education Funding

1 Introduction

2 Public Education Spending with a Private Option

3 Vouchers

4 Heterogeneity

5 Education Funding in Multi-Community Models

6 Dynamics

7 Empirical Issues

8 Future Directions

References

Index