The economics of education: human capital, family background and inequality

In an important contribution to educational policy, Daniele Checchi offers aneconomic 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 intergenerationaltransmission 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 offinancing education. The Economics of Education thus provides the analytical tools necessary to understand the complex relationships between current incomeinequality, access to education and future inequality. INDICE: List of figures; List of tables; Preface; 1. The relevance of education; 2. The demand for education; 3. Liquidity constraints and access to education; 4. The supply of education; 5. Education financing; 6. The return on education; 7. Intergenerational persistence; References; Subject index; Author index.

• ISBN: 978-0-521-06646-4
• Editorial: Cambridge University
• Encuadernacion: Rústica
• Páginas: 292
• Fecha Publicación: 19/06/2008
• Nº Volúmenes: 1
• Idioma: Inglés