References list

9b: Positive and normative theories of education

Where possible, the list provides abstracts of the entries and links to the publication.
Initial list compiled by: Giorgio Brunello

This reference list contains three parts:

  • Introductory Reading
    Somebody who does not know this literature or wants to get an overview might want to start here.
  • Key References
    Some of the most important references in this literature, which may require some more knowledge of the field.
  • Further Reading
    Organized by date of publication.

Introductory Reading

  1. Heckman, James, Lance Lochner and Petra Todd (2003). Fifty Years of Mincer Earnings Regressions. NBER Working Papers/9732. Abstract. Link.

  2. Pritchett, Lant (2003). "When Will They Ever Learn?" Why All Governments Produce Schooling. BREAD Working Paper / 031. Abstract. Link.

  3. Weiss, Andrew (1995). Human Capital versus Signalling Explanations of Wages. In: Journal of Economic Perspectives 9(4) , 131-154 . Abstract. Link.

Key references

  1. Akerlof, George and Rachel Kranton (2002). Identity and Schooling: Some Lessons for the Economics of Education. In: Journal of Economic Literature 40(4) , 1167-1201 . Abstract. Link.

  2. Becker, Gary and Nigel Tomes (1979). An Equilibrium Theory of the Distribution of Income and Intergenerational Mobility. In: Journal of Political Economy 87(6) , 1153-1189 . Abstract. Link.

  3. Betts, Julian (1998). The Impact of Educational Standards on the Level and Distribution of Earnings. In: American Economic Review 88(1) , 266-275 . Link.

  4. Bowles, Samuel and Herbert Gintis (1975). The Problem with Human Capital Theory - A Marxian Critique. In: American Economic Review 65(2) , 74-82 . Link.

  5. Card, David (1999). The Causal Effect of Education on Earnings. In: Ashenfelter, Orley and David Card (eds.). Handbook of Labor Economics. Amsterdam: North Holland , 1801-1863 . Abstract. Link.

  6. Costrell, Robert (1994). A Simple Model of Educational Standards. In: American Economic Review 84(4) , 956-971 . Abstract. Link.

  7. Epple, Dennis and Richard Romano (1998). Competition between Private and Public Schools, Vouchers, and Peer-Group Effects. In: American Economic Review 88(1) , 33-62 . Abstract. Link.

  8. Epple, Dennis, Richard Romano and Holger Sieg (2006). Admission, Tuition, and Financial Aid Policies in the Market for Higher Education . In: Econometrica 74(4) , 885-928 . Abstract. Link.

  9. Lazear, Edward (2001). Educational Production. In: Quarterly Journal of Economics 116(3) , 777-803 . Abstract. Link.

  10. Loury, Glenn (1981). Intergenerational Transfers and the Distribution of Earnings. In: Econometrica 49(4) , 843-867 . Abstract. Link.

  11. MacLeod, W. Bentley and Miguel Urquiola (2015). Reputation and School Competition. In: American Economic Review 105(11) , 3471-88 . Abstract. Link.

  12. Nechyba, Thomas (2000). Mobility, Targeting, and Private-School Vouchers. In: American Economic Review 90(1) , 130-146 . Abstract. Link.

  13. Willis, Robert (1986). Wage Determinants: A Survey and Reinterpretation of Human Capital Earnings Functions. In: Ashenfelter, Orley and Richard Layard (eds.). Handbook of Labor Economics. Amsterdam: North Holland , 525-602 . Abstract. Link.

Further reading

  1. Altonji, Joseph and Charles Pierret (1998). Employer Learning and the Signaling Value of Education. In: Ohashi, Isao and Toshiaki Tachibanaki. Internal Labour Markets, Incentives and Employment. London: Macmillan Press , 159-195 . Abstract. Link.

  2. Arcalean, Calin and Ioana Schiopu (2010). Public versus Private Investment and Growth in a Hierarchical Education System. In: Journal of Economic Dynamics and Control 34(4) , 604-622 . Abstract. Link.

  3. Baicker, Katherine and Nora Gordon (2006). The Effect of State Education Finance Reform on Total Local Resources. In: Journal of Public Economics 90(8-9) , 1519-1535 . Abstract. Link.

  4. Becker, Gary (1993). Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education. Chicago: University of Chicago Press . Abstract. Link.

  5. Bishop, John H. (2006). Drinking from the Fountain of Knowledge: Student Incentive to Study and Learn – Externalities, Information Problems and Peer Pressure. In: Eric A. Hanushek, Finis Welch (eds.). Handbook of the Economics of Education, Vol. 2. Amsterdam: North-Holland , 909-944 . Abstract. Link.

  6. Bishop, John and Ludger Woessmann (2004). Institutional Effects in a Simple Model of Educational Production. In: Education Economics 12(1) , 17-38 . Abstract. Link.

  7. Booth, Alison and Melvyn Coles (2007). A Microfoundation for Increasing Returns in Human Capital Accumulation and the Underparticipation Trap. In: European Economic Review 51(7) , 1661-1681 . Abstract. Link.

  8. Bovenberg, Lans and Bas Jacobs (2005). Redistribution and Education Subsidies are Siamese Twins. In: Journal of Public Economics 89(11-12) , 2005-2035 . Abstract. Link.

  9. Bowles, Samuel, Herbert Gintis and Melissa Osborne (2001). The Determinants of Earnings: A Behavioral Approach. In: Journal of Economic Literature 39(4) , 1137-1176 . Abstract. Link.

  10. Brunello, Giorgio and Tsuneo Ishikawa (1999). Elite Schools, High Tech Jobs and Economic Welfare. In: Journal of Public Economics 72(3) , 395-419 . Abstract. Link.

  11. Card, David (2001). Estimating the Return to Schooling: Progress on Some Persistent Econometric Problems. In: Econometrica 69(5) , 1127-1160 . Abstract. Link.

  12. Carneiro, Pedro and James Heckman (2003). Human Capital Policy. In: Heckman, James and Alan Krueger. Inequality in America: What Role for Human Capital Policies?. Cambridge, MA: MIT Press , 77-241 . Abstract. Link.

  13. Cullen, Julie, Brian Jacob and Steven Levitt (2006). The Effect of School Choice on Participants: Evidence from Randomized Lotteries. In: Econometrica 74(5) , 1191-1230 . Abstract. Link.

  14. Cunha, Flavio and James Heckman (2007). The Technology of Skill Formation. In: American Economic Review 97(2) , 31-47 . Abstract. Link.

  15. Cunha, Flavio, James Heckman, Lance Lochner and Dimitriy Masterov (2006). Interpreting the Evidence on Life Cycle Skill Formation. In: Hanushek, Eric and Finis Welch. Handbook of the Economics of Education. Amsterdam: North-Holland , 697-812 . Abstract. Link.

  16. De Fraja, Gianni and Pedro Landeras (2006). Could Do Better: The Effectiveness of Incentives and Competition in Schools. In: Journal of Public Economics 90(1-2) , 189-213 . Abstract. Link.

  17. Filmer, Deon and Lant Pritchett (1999). What Education Production Functions Really Show: A Positive Theory of Education Expenditures. In: Economics of Education Review 18(2) , 223-239 . Abstract. Link.

  18. Gasparini, Leonardo and Santiago Pinto (2006). Equality of Opportunity and Optimal Cash and In-Kind Policies. In: Journal of Public Economics 90(1-2) , 143-169 . Abstract. Link.

  19. Gilpin, Gregory and Michael Kaganovich (2012). The Quantity and Quality of Teachers: Dynamics of the Trade-off. In: Journal of Public Economics 96(3-4) , 417-429 . Abstract. Link.

  20. Gradstein, Mark (2000). An Economic Rationale for Public Education: The Value of Commitment. In: Journal of Monetary Economics 45(2) , 463-474 . Abstract. Link.

  21. Han, Song and Casey Mulligan (2001). Human Capital, Heterogeneity and Estimated Degrees of Intergenerational Mobility. In: Economic Journal 111(470) , 207-243 . Abstract. Link.

  22. Hartog, Joop (2001). On Human Capital and Individual Capabilities. In: Review of Income and Wealth 47(4) , 515-540 . Abstract. Link.

  23. Heckman, James (2000). Policies to Foster Human Capital. In: Research in Economics 54(1) , 3-56 . Abstract. Link.

  24. Heckman, James and Pedro Carneiro (2003). Human Capital Policy. NBER Working Papers/9495. Abstract. Link.

  25. Holmstrom, Bengt and Paul Milgrom (1991). Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design. In: Journal of Law, Economics and Organization 7(Special Issue) , 24-52 . Link.

  26. Hoxby, Caroline (1999). The Productivity of Schools and Other Local Public Goods Producers. In: Journal of Public Economics 74(1) , 1-30 . Abstract. Link.

  27. Hsieh, Chang-Tai and Miguel Urquiola (2006). The Effects of Generalized School Choice on Achievement and Stratification: Evidence from Chile's Voucher Program. In: Journal of Public Economics 90(8-9) , 1455-1475 . Abstract. Link.

  28. Jacobs, Bas (2005). Optimal Income Taxation with Endogenous Human Capital. In: Journal of Public Economic Theory 7(2) , 295-315 . Abstract. Link.

  29. Konrad, Kai and Amedeo Spadaro (2006). Education, Redistributive Taxation and Confidence. In: Journal of Public Economics 90(1-2) , 171-188 . Abstract. Link.

  30. Levy, Gilat (2005). The Politics of Public Provision of Education. In: Quarterly Journal of Economics 120(4) , 1507-1534 . Abstract. Link.

  31. Lott, John (1999). Public Schooling, Indoctrination, and Totalitarianism. In: Journal of Political Economy 107(6) , 127-157 . Abstract. Link.

  32. Lott, John (1990). An Explanation for Public Provision of Schooling: The Importance of Indoctrination. In: Journal of Law and Economics 33(1) , 199-231 . Link.

  33. Martinez-Mora, Francisco (2006). The Existence of Non-Elite Private Schools. In: Journal of Public Economics 90(8-9) , 1505-1518 . Abstract. Link.

  34. Meier, Volker and Ioana Schiopu (2015). Optimal Higher Education Enrollment and Productivity Externalities in a two-sector Model. In: Journal of Public Economics 121 , 1-13 . Abstract. Link.

  35. Moretti, Enrico (2004). Workers' Education, Spillovers, and Productivity: Evidence from Plant-Level Production Functions. In: American Economic Review 94(3) , 656-690 . Abstract. Link.

  36. Nechyba, Thomas (2003). Centralization, Fiscal Federalism, and Private School Attendance. In: International Economic Review 44(1) , 179-204 . Abstract. Link.

  37. Poutvaara, Panu (2006). On the Political Economy of Social Security and Public Education. In: Journal of Population Economics 19(2) , 345-365 . Abstract. Link.

  38. Psacharopoulos, George (2004). Economics of Education: From Theory to Practice. In: Brussels Economic Review (Cahiers Economiques de Bruxelles) 47(3) , 341-357 . Abstract. Link.

  39. Rothschild, Michael and Lawrence J. White (1995). The Analytics of the Pricing of Higher Education and Other Services in Which the Customers Are Inputs. In: Journal of Political Economy 103(3) , 573-586 . Abstract. Link.

  40. Soares, Jorge (2006). A Dynamic General Equilibrium Model of the Political Economy of Public Education. In: Journal of Population Economics 19(2) , 367-389 . Abstract. Link.

  41. Trostel, Philip (2004). Return to Scale in Producing Human Capital from Schooling. In: Oxford Economic Papers 56(3) , 461-484 . Abstract. Link.

  42. Weiss, Andrew (1983). A Sorting-Cum-Learning Model of Education. In: Journal of Political Economy 91(3) , 420-442 . Abstract. Link.

  43. Winston, Gordon C. (1999). Subsidies, Hierarchy and Peers: The Awkward Economics of Higher Education. In: Journal of Economic Persepectives 13(1) , 13-36 . Abstract. Link.