Education in Nonmarket Production
Bibliographic Data
| ID | 10174775 |
|---|---|
| Authors | Robert T Michael (corresponding author) |
| Year | 1973 |
| Volume | 81 |
| Issue | 2, Part 1 |
| Pages | 306-327 |
| Publication date | 1973-03-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/260029 |
| OpenAlex | W2093696469 |
| Language | EN |
| Citations received | 40 |
| References cited | 3 |
Since an investment in human capital yields a return through time spent in the labor market, it may also yield a return through time spent in productive activities outside the labor market. This paper explores a framework in which these "nonmarket" returns may be analyzed. The model is implemented empirically to test implications pertaining to the partial effect of formal schooling on expenditure patterns and to estimate the magnitude of the nonmarket return to an investment in education
Economics · Factor market · Human capital · Investment (military · Labour economics · Market economy · Microeconomics · Nonmarket forces · Production (economics · Rate of return · Return on investment · Yield (engineering · Economic Growth and Productivity · Finance · Fiscal Policy and Economic Growth · Labor market dynamics and wage inequality
The influence of wife's education on fertility in rural Egypt
On the New Theory of Consumer Behavior
The Economics and Psychology of Personality Traits
Chapter 10 Education and Nonmarket Outcomes
Chapter 7 The human capital model
The Demand for Variety
Comment on "Nietzsche and the Economics of Becoming" (by Richard Robb)
The Integration of Cultural Goods into Economic Analysis
Sooner or later? The impact of child education on household consumption
Schooling Attainment, Parental Education, and Gender in Côte d'Ivoire and Ghana
Home Production--A Forgotten Industry
Some Simple Tests of the Direct Effect of Education on Preferences and on Nonmarket Productivity
Effects of Mother's Home Time on Children's Schooling
The Monetary Value of Saving a High-Risk Youth
The Demand for Variety
Child Sleep and Maternal Labour Market Outcomes
Una interpretación metodológica sobre la incorporación de los bienes y servicios culturales al análisis económico
Puzzles and further explorations in the interrelationships of successive births with husband’s income, spouses’ education and race
The Impact of Women's Employment and Education on Contraceptive use and Abortion in Kinshasa, Zaire
Health Behavior, Health Knowledge, and Schooling
Spouses as home health workers, childcare workers and cooks
Equity at the Ballot Box
Estimating the social value of higher education
On marriage-specific human capital
Labor supply in the terminal stages of lone parents’ lives
Resource allocation decisions in low-income rural households
The role of maternal schooling and its interaction with public health programs in child health production
Cleaning house
Household migration
Predicting the Effects of Comparable Worth Programs on Female Labor Supply
Household Allocation of Time and Church Attendance
Child Skill Production
Introduction to a Theory of the Allocation of Time by Gary Becker
Rational Action and Political Activity
Priceless
The role of simulation techniques in the theory and observation of family formation
The health capital of families
Beyond SES
The Wage Effects of Personal Smoking History
Family structure and wellbeing of out-of-wedlock children
| Unique citing works | 40 |
|---|---|
| Citations per year | 0,75 |
| Citation span | 1973 - 2025 (53) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 39 |