How does education affect economic and social outcomes, and how
can it inform public policy? Volume 3 of theHandbooks in the
Economics of Education uses newly available high quality data from
around the world to address these and other core questions. With
the help ofnew methodological approaches, contributors cover
econometric methods and international test score data. They examine
the determinants of educational outcomes andissues surrounding
teacher salaries and licensure. And reflecting government
demandsfor more evidence-based policies, they take new looks at
institutional feaures of school systems. Volumeeditors Eric A.
Hanushek(Stanford), Stephen Machin (University College London) and
Ludger Woessmann (Ifo Institute for Economic Research, Munich) draw
clear lines between newly emergingresearch on the economics of
education and prior work. In conjunction with Volume 4,
theymeasureour current understanding of educationalacquisition and
its economic and socialeffects.
Uses rich data to study issues of high contemporary policy
relevanceDemonstrates how education serves as an
importantdeterminant of economic and social outcomesBenefits
fromthe globalization of research in the economics of
education"
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