The Economics of Education

Human Capital, Family Background and Inequality

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Reference & Language, Education & Teaching, Business & Finance
Cover of the book The Economics of Education by Daniele Checchi, Cambridge University Press
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Author: Daniele Checchi ISBN: 9781107713550
Publisher: Cambridge University Press Publication: March 23, 2006
Imprint: Cambridge University Press Language: English
Author: Daniele Checchi
ISBN: 9781107713550
Publisher: Cambridge University Press
Publication: March 23, 2006
Imprint: Cambridge University Press
Language: English

In an important contribution to educational policy, Daniele Checchi offers an economic perspective on the demand and supply of education. He explores the reasons why, beyond a certain point, investment in education has not resulted in reductions in social inequalities. Starting with the seminal work of Gary Becker, Checchi provides an extensive survey of the literature on human capital and social capital formation. He draws on individual data on intergenerational transmission of income and education for the USA, Germany and Italy, as well as aggregate data on income and educational inequality for a much wider range of countries. Checchi explores whether resources spent in education are effective in raising students' achievement, as well as analysing alternative ways of financing education. The Economics of Education thus provides the analytical tools necessary to understand the complex relationships between current income inequality, access to education and future inequality.

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In an important contribution to educational policy, Daniele Checchi offers an economic perspective on the demand and supply of education. He explores the reasons why, beyond a certain point, investment in education has not resulted in reductions in social inequalities. Starting with the seminal work of Gary Becker, Checchi provides an extensive survey of the literature on human capital and social capital formation. He draws on individual data on intergenerational transmission of income and education for the USA, Germany and Italy, as well as aggregate data on income and educational inequality for a much wider range of countries. Checchi explores whether resources spent in education are effective in raising students' achievement, as well as analysing alternative ways of financing education. The Economics of Education thus provides the analytical tools necessary to understand the complex relationships between current income inequality, access to education and future inequality.

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