Publication type: | Working paper – expertise – study |
Title: | Educational reforms and their positive externalities on the labor market |
Authors: | Elsenberger, Fabio Kendzia, Michael J. |
et. al: | No |
Extent: | 59 |
Issue Date: | Sep-2023 |
Series: | IZA Discussion Paper Series |
Series volume: | 16435 |
Publisher / Ed. Institution: | IZA – Institute of Labor Economics |
Publisher / Ed. Institution: | Bonn |
ISSN: | 2365-9793 |
Language: | English |
Subjects: | Educational reform; Market benefit; Non-market benefit; Private benefit; Social benefit |
Subject (DDC): | 331: Labor economics 370: Education |
Abstract: | Educational reforms aim to improve education quality and accessibility, creating positive externalities like individual growth and societal benefits. Although the global educational attainment has progressed, disparities still exist. This study applies the four-cell matrix developed by Münich and Psacharopoulos (2018) as analytical framework to classify the benefits of schooling into four different quadrants. It distinguishes between private and social benefits on the x-axis and market and non-market benefits on the y-axis. The survey finds that educational reforms and policies significantly impact society’s development and progress, improving economic growth, social mobility, and health outcomes. By and large, the investigated reforms vary by country and education level, with some focusing on primary education and access to education while others focus more on tertiary education. The findings reveal that large differences exist in how far certain reforms were already implemented. Developing nations mainly experience non-market benefits like improved health and disease reduction, while developed countries show positive externalities in market and non-market areas. Reforms targeting tertiary education often translate into more positive externalities in the two private quadrants. |
URI: | https://www.iza.org/publications/dp/16435/educational-reforms-and-their-positive-externalities-on-the-labor-market https://digitalcollection.zhaw.ch/handle/11475/29737 |
License (according to publishing contract): | Licence according to publishing contract |
Departement: | School of Management and Law |
Appears in collections: | Publikationen School of Management and Law |
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Elsenberger, F., & Kendzia, M. J. (2023). Educational reforms and their positive externalities on the labor market. IZA – Institute of Labor Economics. https://www.iza.org/publications/dp/16435/educational-reforms-and-their-positive-externalities-on-the-labor-market
Elsenberger, F. and Kendzia, M.J. (2023) Educational reforms and their positive externalities on the labor market. Bonn: IZA – Institute of Labor Economics. Available at: https://www.iza.org/publications/dp/16435/educational-reforms-and-their-positive-externalities-on-the-labor-market.
F. Elsenberger and M. J. Kendzia, “Educational reforms and their positive externalities on the labor market,” IZA – Institute of Labor Economics, Bonn, Sep. 2023. [Online]. Available: https://www.iza.org/publications/dp/16435/educational-reforms-and-their-positive-externalities-on-the-labor-market
ELSENBERGER, Fabio und Michael J. KENDZIA, 2023. Educational reforms and their positive externalities on the labor market [online]. Bonn: IZA – Institute of Labor Economics. Verfügbar unter: https://www.iza.org/publications/dp/16435/educational-reforms-and-their-positive-externalities-on-the-labor-market
Elsenberger, Fabio, and Michael J. Kendzia. 2023. “Educational Reforms and Their Positive Externalities on the Labor Market.” Bonn: IZA – Institute of Labor Economics. https://www.iza.org/publications/dp/16435/educational-reforms-and-their-positive-externalities-on-the-labor-market.
Elsenberger, Fabio, and Michael J. Kendzia. Educational Reforms and Their Positive Externalities on the Labor Market. IZA – Institute of Labor Economics, Sept. 2023, https://www.iza.org/publications/dp/16435/educational-reforms-and-their-positive-externalities-on-the-labor-market.
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