This review describes the research frontier on human capital and education in economics research. It delineates what is … aims. First, it draws out the implications for key education policy issues, highlighting which policy ideas can be …

The purpose of 'Behavioural education economics' is to understand the psychological factors influencing student … performance and educational choices. One of the key insights of behavioural education economics is that educational decision … the absence of prior learning. At the heart of behavioural education economics is an understanding that academic outcomes …

This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC … effects due to wage-(de)compression, and iii) education distortions. Analytically, the effect of SBTC on these three … distributional losses, and it increases education distortions. Also, SBTC lowers optimal education subsidies, since SBTC generates …

measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population … and the corresponding mean years of schooling (representing the quantity of education). In contrast to the existing … elasticity of the stock of human capital with respect to the quality of education is three to four times larger than for the …

measure is a cohort-weighted average of past PISA scores (representing the quality of education) of the working age population … and the corresponding mean years of schooling (representing the quantity of education). In contrast to the existing … elasticity of the stock of human capital with respect to the quality of education is three to four times larger than for the …

of education and tax policies in the presence of a large informal sector. I develop an overlapping-generation life …-cycle model with heterogeneous agents and incomplete markets, where agents make educational and occupational choices. Education is … costly but ensures a wage premium in the future. Education costs are partially subsidized by the government. Individuals …

This paper aims to show the evolution of the role and importance of education in economic theory, especially in … of the role and importance of education in the development process. Presentation of the classification theory refers to … theories of interdependence of education and development (theory of human capital, human development and approach to the …