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books  cep home page  about the cep  contact us  research  publications   -discussion papers   -occasional papers   -special papers   -CEE papers only   -CEP papers only   -MHRL papers only   -centrePiece   -books   -Policy Analysis   -Interviews and    Recordings    (Podcasts)   -Annual Reports   -dp submissions    for CEP staff.   -seminar papers   search:    --by year    --by program    --by author    --by title    --by number    --by keyword    --by abstract  events & calendar  staff directory  support & services  news & highlights   What's the Good of Education? The Economics of Education in the UK edited by Stephen Machin and Anna Vignoles £19.95 Book: Paperback | 6 inches x 9 inches | 272 pages | ISBN 0691117349 | 30 June 2005 | Princeton University Press Download sample chapter in Adobe PDF format The book launch for this publication, hosted jointly by Princeton University Press and The Centre For The Economics Of Education, will be held on Wednesday 8th June 2005, starting from 5.30pm, in The Senior Dining Room, 5th floor, Old Building, LSE, Houghton Street, London WC2A 2AE. The guest speaker is John Elliott, Chief Economist of the Department for Education and Skills. Volumes have been written about the value of more and better education. But is there sufficient evidence to support the commonly held belief that we, as individuals and as a community, should be investing more in education? This book explores that question in unprecedented detail, drawing on empirical evidence from an impressive array of sources. While much of the focus is on the educational system in the United Kingdom, the book offers lessons of international applicability. A state-of-the-art compendium on education policy and its impact on educational attainment, the book examines numerous large-scale data sources on individual pupils and schools. The questions the book considers are far-ranging: How much do teachers matter for children's educational attainment? What payoff do people get from acquiring more education when they enter the labor market? How well do education systems function to provide employers with the skills they want? The book concludes by issuing some strong policy recommendations and offering an evaluation of what does and does not work in improving educational attainment. The recommendations address such issues as school effectiveness, education financing, individual investment in education, government education initiatives, higher education, labor market rewards, and lifelong learning. Stephen Machin is Professor of Economics at the University College of London, Research Director of the Centre for Economic Performance at the London School of Economics, and Director of the Centre for the Economics of Education. Anna Vignoles is Senior Lecturer at the Institute of Education and Research Associate of the Centre for Economic Performance at the London School of Economics. Contents: Ch. 01 Overview Ch. 02 The United Kingdom education system in a comparative context Ch. 03 School and teacher effectiveness Ch. 04 The labour market for teachers Ch. 05 Post-compulsory education and qualification attainment Ch. 06 Educational inequality and integenerational mobility Ch. 07 Measuring the returns to education Ch. 08 Employers' selection decisions : the role of qualifications and tests Ch. 09 Evidence on the balance of supply and demand for qualified workers Ch. 10 Economic evaluation of education initiatives Ch. 11 Education policy and the evidence For further information please contact Helen Durrant, Publications Administrator, CEP, Tel: +44 (0)20 7955 7395, Email: h.durrant@lse.ac.uk

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