Education and Nonmarket Outcomes

  title={Education and Nonmarket Outcomes},
  author={Michael Grossman},
  journal={NBER Working Paper Series},
  • M. Grossman
  • Published 1 August 2005
  • Economics
  • NBER Working Paper Series
I explore the effects of education on nonmarket outcomes from both theoretical and empirical perspectives. Examples of outcomes considered include general consumption patterns at a moment in time, savings and the rate of growth of consumption over time, own (adult) health and inputs into the production of own health, fertility, and child quality or well-being reflected by their health and cognitive development. I pay a good deal of attention to the effects of education on health because they… 

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