On the Rate of Return to Schooling Quality
构建概念框架,评估学校质量(生均资源)对成人收入的影响,并扩展人力资本模型,说明学生消费收益、父母公平关切等因素如何改变学校质量的表观回报,强调微观时间日志等数据需求。
Empirical evaluation of the effect of school quality, or type and amount of resources per student, on adult earnings requires a conceptual framework. A model of the returns to schooling in a simple human capital growth context is extended to illustrate how factors such as consumption benefits of students, parental concern over equity between siblings, and use of schools to facilitate parental labor supply can alter the apparent return to school quality. The need for microlevel time diary and other data on human capital formation in both classrooms and families is highlighted. Copyright 1996 by MIT Press.