-linked externalities (JLEs). JLEs emerge when wages exceed the opportunity cost of labor (labor externalities), or when there are social … gains from creating better jobs for some classes of worker, such as women or youth (social externalities). Like all … externalities, JLEs create a gap between private and social rates of return. Investments can be socially profitable (once the …

This review describes the research frontier on human capital and education in economics research. It delineates what is … aims. First, it draws out the implications for key education policy issues, highlighting which policy ideas can be …

We propose a model of intergenerational transmission of education wherein children belong to either highly educated or … interactions with other low-educated students (i.e., homophily), which reduces the education effort of their parents and, thus … kids from different education backgrounds can be effective in reducing the education gap between them. …

We study attitudes to education among English adolescents. Using PISA data, we show there is considerable variation in … also show that students in London have more positive attitudes to education on average, but this is entirely accounted for …

available. In this paper, we use nationally representative cohort data linked to administrative education records to study the …