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Selected Essays by Alan B. Krueger. Economists of the Twentieth Century Series
Education Matters presents in one volume many of Alan B. Krueger's contributions to the economics of education. This invaluable collection of papers, based on his groundbreaking research from the 1990s, has been published in a wide range of professional outlets and has influenced public policy and research in the US and throughout the world.
The book opens with an introductory essay explaining the importance of the study of the economics of education as well as providing an overview of the book. The author then goes on to discuss and analyse the important topics in the economics of education, including the economic pay off from attending school for longer, the return to investments in school resources, causes of the increased pay off to education, the contribution of education to economic growth, and racial differences in school quality and their consequences. The final chapter provides a framework for evaluating schools.
This fascinating collection of work, from a writer at the forefront of economics and educational research, will be warmly welcomed by academics in the areas of human capital, economics and public policy, as well as by educational policymakers.
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What Reviewers Are Saying
`Education Matters is a one-volume collection of the most important economics of education papers by the Princeton economist Alan Krueger, one of the most promising economists of the generation. It is fitting that Edward Elgar should publish this volume in their series Economists of the Twentieth Century as his work has been very influential in the field in the 1990s. . . Many of the papers are published in the most prominent journals like the Quarterly Journal of Economics, but several were originally published in more diverse outlets and are therefore more difficult to obtain. In this sense, this collection of papers is a valuable addition to any library. . . The most creditable aspect of Krueger's work is that he has been brave enough to tackle most of the major policy questions relating to the economics of education. . . I would like to recommend this book as an excellent introduction to the economics of education that addresses many of the main questions of policy relevance in the field.' -- P. Dolton, Education Economics `The book, Education Matters, by Alan Krueger presents a useful collection of his essays. . .' -- John Mace, Higher Education Review `. . . likely to be a useful volume. Firstly, the articles span the very short period from 1991 to 1999, giving readers a good insight into Krueger's research agenda. Secondly, they are very closely related to each other, and therefore provide an in-depth knowledge of the topic . . . I am very pleased to have been asked to review this book; both because I have gained a very broad view of the topic with plenty of insight into the minute details of the mechanism of applied research into the economics of education . . . and I am sure I will have constant opportunity to consult it in the course of my own research.' -- Gianni de Fraja, The Economic Journal `Alan Krueger has made a rich contribution to economics of education. Education Matters represents some of his most important recent research. It also presents a rich blend of methodological and empirical aspects. It includes fifteen of his most important contributions. . . The volume provides in one place some of the best research of Krueger. It covers a wide range of important issues in economics of education. . . it is a rich collection that gives a high flavour of the nature and direction of growth of economics of education in the 1990s. Beyond doubt, it stands as a major contribution to the literature on economics of education, that one would desire to have in their bookshelf as a handy valuable reference volume.' -- Jandhyala B.G. Tilak, Journal of Educational Planning and Administration