The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market...

This selection of E.G. West’s papers contains a wealth of economic and philosophical ananlysis which can guide policymakers in the field of Education. They also show how state monopoly provision of education has led to a particular model of schooling which does not work for many of those who...

This book is mainly a collection of selected papers presented at the International Conference on Economics of Education at the University of Tartu, Estonia. The contributions presented here illustrate the wide variety of issues as human and social capital, skills, education and research...

This paper reviews some of the econometric methods that have been used in the economics of education. The focus is on understanding how the assumptions made to justify and implement such methods relate to the underlying economic model and the interpretation of the results. We start by...

Incomplete information is a commitment device for time consistency problems. In the context of time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effectiveness of public education as a second best policy.