A half a century has passed since the landmark decision Brown v. Board of Education (1954) overturned the doctrine of separate but equal in the realm of public education. This chapter attempts to summarize what we know about the impact of Brown on enrollment patterns and academic and economic...

We review basic facts about higher education finance in the United States and analytical, empirical and policy issues in that realm. Examining trends in higher education finance, we demonstrate growth in the share of revenues provided by government up to about 1980, with a steady decline...

This chapter examines the literature that attempts to measure the relationship between labor earnings and the average quality of a state's elementary and secondary schools where school quality is approximated by statewide average characteristics like the teacher-pupil ratio. We present evidence...

Although there is intense policy interest in improving educational outcomes around the world, there is much greater uncertainty about how to accomplish this. The primary governmental decisions often relate to the resources that are devoted to schooling, but the research indicates little...

About 80% of the world's children live in developing countries. Their well-being as adults depends heavily on the education they receive. School enrollment rates have increased dramatically in developing counties since 1960, but many children still leave school at a young age and often learn...

It is well known that higher education financing involves uncertainty and risk with respect to students' future economic fortunes, and an unwillingness of banks to provide loans because of the absence of collateral. It follows that without government intervention there will be both socially...

This chapter provides an overview of the nature of state and federal subsidies to higher education and the empirical evidence on the impacts on students' college enrollment decisions. The discussion includes a brief discussion of the incentives created by federal and state subsidies for...

The majority of children in the US and many other high-income nations are now cared for many hours per week by people who are neither their parents nor their school teachers. The role of such pre-school and out-of-school care is potentially two-fold: First, child care makes it feasible for both...

This paper explores for economists how the school-finance litigation movement, which began with Serrano v. Priest in 1971, ought to be characterized in economic models. Its primary message is that this has become a national movement, not one confined to individual states. Economists should be...

Improving the quality of instruction is a central component to virtually all proposals to raise school quality. Unfortunately, policy recommendations often ignore existing evidence about teacher labor markets and the determinants of teacher effectiveness in the classroom. This chapter reviews...