Schooling returns, schooling decisions and educational finance

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dc.contributor.author Harmon, Colm
dc.date.accessioned 2008-11-20T16:36:59Z
dc.date.available 2008-11-20T16:36:59Z
dc.date.copyright 2003 The Statistical and Social Inquiry Society of Ireland en
dc.date.issued 2002
dc.identifier.citation Journal of the Statistical and Social Inquiry Society of Ireland en
dc.identifier.issn 0081-4776
dc.identifier.uri http://hdl.handle.net/10197/669
dc.description.abstract Given the presence of significant returns to education, it would seem logical to query why individuals choose to leave school early. This paper examines the evidence on this issue, dealing with both methodological and evidence-based findings. Drawing on existing research in the area of schooling returns, the evidence and deficiencies of the literature are explored in an effort to quantify the scale of the private return to education. The schooling decision is subsequently examined more closely, so as to investigate the effect of variables such as family income on that choice. Proposed educational finance solutions are then surveyed. Specifically, this paper reports on an experimental approach in the UK, which pays allowances to households and individual students for participation in education, thus reducing the opportunity cost of staying on at school. Finally, estimates are presented, based on an analysis of non-experimental UK data, of the probability of early school leaving, conditional on named variables. en
dc.format.extent 4304 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher Statistical and Social Inquiry Society of Ireland en
dc.subject Family background en
dc.subject Earnings en
dc.subject Returns to education en
dc.subject Educational finance en
dc.subject.classification H400 en
dc.subject.classification H520 en
dc.subject.classification I380 en
dc.subject.lcsh Dropouts en
dc.subject.lcsh Education--Economic aspects en
dc.subject.lcsh Education--Costs en
dc.title Schooling returns, schooling decisions and educational finance en
dc.title.alternative Barrington lecture 2001/2002 en
dc.type Journal Article en
dc.internal.authorurl Colm Harmon (web page) en
dc.internal.authorurl http://www.ucd.ie/economics/staff/charmon/colm.harmon.htm en
dc.internal.authorcontactother Email: colm.harmon@ucd.ie; Tel: +3531 7164614 en
dc.internal.authorid UCD0009 en
dc.internal.availability Full text available en
dc.internal.webversions Publisher's version en
dc.internal.webversions http://www.tara.tcd.ie/handle/2262/2624 en
dc.status Peer reviewed en
dc.identifier.volume 31 en
dc.identifier.startpage 212 en
dc.identifier.endpage 246 en
dc.neeo.contributor Harmon|Colm|aut|UCD0009


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