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Handbook of the Economics of Education

Handbook of the Economics of Education

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The Handbook of the Economics of Education, Volume Seven summarizes the research frontier in key topical areas and sets the agenda for further work. It includes sections on Methods for Measuring School Effectiveness, Teacher Evaluation and Training, U.S. School Finance, College Costs, Financial Aid, and Student Decisions, Firm Training, Multidimensional Human Capital, and the Wage Structure.

Format: Hardback
Length: 1000 pages
Publication date: 01 November 2023
Publisher: North-Holland


The Handbook of the Economics of Education, Volume Seven, is a comprehensive and insightful exploration of the cutting-edge research frontier in key topical areas within the field of education economics. This esteemed publication serves as a valuable guide for scholars, policymakers, and educators alike, setting the agenda for future research endeavors.

The Handbook is organized into several sections, each addressing crucial aspects of education economics. These sections include:

• Methods for Measuring School Effectiveness: This section explores innovative approaches and tools for evaluating the effectiveness of schools, including the use of data analytics, experimental studies, and economic models. It aims to provide a comprehensive framework for understanding the impact of educational interventions on student outcomes.

• Teacher Evaluation and Training: This section examines the design and implementation of teacher evaluation systems, focusing on their impact on teacher performance, professional development, and student outcomes. It explores various methods for measuring teacher quality, such as student test scores, peer reviews, and classroom observations.

• U.S. School Finance: Resources and Outcomes: This section delves into the complex dynamics of school finance in the United States, examining the sources of funding, the distribution of resources, and the relationship between school finance and student outcomes. It explores issues such as school funding equity, property taxes, federal grants, and private donations.

• College Costs, Financial Aid, and Student Decisions: This section examines the rising costs of college education and the challenges faced by students in accessing financial aid. It explores the factors influencing college enrollment decisions, including tuition fees, scholarships, grants, and student loans. It also examines the economic implications of student debt and the potential long-term benefits of higher education.

• Firm Training, Multidimensional Human Capital, and the Wage Structure: This section explores the economic implications of firm training and human capital development. It examines the relationship between education, skills, and wages, and investigates the factors that determine the returns to investment in education. It also explores the role of multidimensional human capital in shaping labor market outcomes and the wage structure.

• Other Topics: The Handbook also includes several other important topics, such as the economics of early childhood education, inequality in society, cash transfers in developing countries, and the impact of education on health and well-being.

The Handbook of the Economics of Education, Volume Seven, is a remarkable achievement that brings together some of the world's leading scholars in the field. The editors, Hanushek from Stanford University, Machin from the London School of Economics, and Woessmann from the Munich University, have assembled a diverse and talented group of contributors who have made significant contributions to education economics.

One of the key strengths of this volume is its international perspective. The editors have carefully curated a collection of essays that reflect the diverse cultural, economic, and social contexts in which education takes place. This diversity ensures that the Handbook offers a comprehensive and nuanced understanding of the field, providing insights that are relevant to researchers and policymakers across the globe.

Another notable feature of the Handbook is its accessibility. The language is clear, concise, and accessible to readers with a range of backgrounds in economics and education. The essays are well-structured, with clear headings, subheadings, and bullet points, making it easy to navigate and find the information you need. Additionally, the inclusion of an extensive bibliography and a comprehensive index further enhance the usefulness of the Handbook as a reference tool for scholars and researchers.

In conclusion, The Handbook of the Economics of Education, Volume Seven, is a must-read for anyone interested in education economics. It provides a comprehensive and insightful exploration of the research frontier in key topical areas, sets the agenda for future work, and offers valuable insights for scholars, policymakers, and educators alike. By bringing together some of the world's leading scholars, this volume provides a unique view of scholarship in the area and contributes to the ongoing dialogue on education policy and practice.


Dimension: 229 x 151 (mm)
ISBN-13: 9780443132766

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