This chapter explores the effects of education on nonmarket outcomes from both theoretical and empirical perspectives …-being reflected by their health and cognitive development. They are distinguished from the labor market outcomes of education in terms … of higher earnings and wage rates. The focus is on identifying causal effects of education and on mechanisms via which …

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 …

It has been argued that increased life expectancy raises the rate of return on education, causing a rise in the … investment in education followed by an increase in lifetime labor supply. Empirical evidence of these relations is rather weak … dependence of hazard rates, which determine individuals' behavioral response w.r.t. education, work and age of retirement …

education, which lowers future wages, and the present value of foregone wages decreases with age. Consumption is hump shaped …

This paper studies a two-region model in which unemployment, education decisions and interregional migration are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment …

separating level of education does not depend on the observability of workers' types. On the other hand, when workers are also … uncertain about their productivity, the separating level of education is ambiguously related to the speed of employer learning. …

optimal levels of effort to all students. Because this scheme employs only ordinal information, our scheme allows education … that education authorities can employ our scheme as a means of providing incentives for educators while employing a …

jointly explains patterns of political participation at the individual level and differences in public investment in education …

The purpose of 'Behavioural education economics' is to understand the psychological factors influencing student … performance and educational choices. One of the key insights of behavioural education economics is that educational decision … the absence of prior learning. At the heart of behavioural education economics is an understanding that academic outcomes …

-learning will not be able to replace traditional models of education. Teachers, keeping up with the times, will need to find a …