Table of Contents

List of figures; List of tables; Preface; 1. The relevance of education; 2. The demand for education; 3. Liquidity constraints and access to education; 4. The supply of education; 5. Education financing; 6. The return on education; 7. Intergenerational persistence; References; Subject index; Author index.

Promotional Information

An economic perspective on the demand and supply of education.

About the Author

Daniele Checchi is Professor of Economics at the University of Milan. He has published books on income inequality and the economics of education, and articles in refereed journals on the intergenerational mobility of incomes and labour market institutions.

Reviews

'An excellent book; up-to-date and well organised. It brings together modern theoretical and empirical developments, and presents them lucidly. I learned a lot from it.' Gianni De Fraja, University of Leicester and CEPR 'This book is set to become a major reference in the field.' Thomas Piketty, Ecole Normale Superieure, Ecole des Hautes Etudes en Sciences Sociales, Paris 'Daniele Checchi has done us a great favour with this extraordinarily comprehensive, thorough and, indeed, magisterial panorama of the economics of education. Being comprehensive implies the need to tackle some very complex and difficult issues and this he does with authority and plenty of generous guidance when the going gets tough. And Checchi leaves no doubts that economists have a lot of important things to say on the dilemmas of educational choices. This book is unmatched - simply the best there is of its kind.' Gosta Esping-Andersen, Universitat Pompeu Fabra 'Daniele Checchi provides an insightful and comprehensive treatment of the economics of education, bringing together up-to-date theory and evidence. The book provides an invaluable stepping stone for research in the field of human capital, inequality and economic growth.' Omer Moav, Hebrew University, Jerusalem 'The economics of education has undergone a major revival in recent years and this book provides a timely discussion of many of the key areas in this thriving research field. Daniele Checchi has written a first rate book on this subject, offering the reader a masterful blend of theoretical work accompanied by empirical evidence. The material in the book covers important policy relevant areas like the demand and supply of education, education financing, the economic returns to education and the extent of intergenerational mobility. The book is an essential read for anyone interested in contemporary issues in the economics of education.' Stephen Machin, University College London '... a treasure trove of impartial scholarship. Thanks to Checchi, the numerate reader will be empowered to construct educational policies based on the best analyses available.' Times Higher Education Supplement