The Importance of the Quality of Education: Some Determinants and its Effects on Earning Returns and Economic Growth

Author/s Lisa Grazzini
Publishing Year 2017 Issue 2016/2 Language English
Pages 40 P. 43-82 File size 308 KB
DOI 10.3280/EP2016-002002
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The aim of this paper is to provide a selective overview on the role played by the quality of education versus the quantity of education. After a presentation of some possible effects of the quality of education on both individual earnings and growth, the paper analyses some important school inputs and institutional characteristics of the education system which have been examined in the economic literature and could affect education achievements.

Keywords: Human capital, educational achievement, earning returns, economic growth

Jel codes: I21, I25, I26

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Lisa Grazzini, The Importance of the Quality of Education: Some Determinants and its Effects on Earning Returns and Economic Growth in "ECONOMIA PUBBLICA " 2/2016, pp 43-82, DOI: 10.3280/EP2016-002002