This authoritative two-volume collection brings together the most important published papers on the economics of schooling and school quality, issues which are at the heart of current intellectual and policy debates. Volume I presents articles on labour markets, distribution, including the structure of wages and wage inequality and the effects of schooling on economic growth. Volume II includes papers on efficiency, competition and finance and policy. The mixture of classic papers and cutting edge research provides a reference suitable for both students, researchers and professionals. CONTENTS   Acknowledgements - An introduction by the editor to both volumes appears in Volume I     PART I - EFFICIENCY   1. Eric A. Hanushek (1986), 'The Economics of Schooling: Production and Efficiency in Public Schools', Journal of Economic Literature, XXIV, September, 1141-77 [37] 2. Alan B. Krueger (1999), 'Experimental Estimates of Education Production Functions', Quarterly Journal of Economics, CXIV, May, 497-532 [36] 3. Joshua D. Angrist and Victor Lavy (1999), 'Using Maimonides' Rule to Estimate the Effect of Class Size on Scholastic Achievement', Quarterly Journal of Economics, CXIV, May, 533-75 [43] 4. Eric A. Hanushek (1999), 'The Evidence on Class Size', in Susan E. Mayer and Paul E. Peterson (eds), Earning and Learning: How Schools Matter, Chapter 7, Washington, DC: Brookings Institution Press and New York, NY: Russell Sage Foundation, 131-68 [38] 5. Edward P. Lazear (2001), 'Educational Production', Quarterly Journal of Economics, CXVI (3), August, 777-803 [27] 6. Richard J. Murnane and Randall J. Olsen (1989), 'The Effects of Salaries and Opportunity Costs on Duration in Teaching: Evidence from Michigan', Review of Economics and Statistics, LXXI, 347-52 [6] 7. Peter Dolton and Wilbert van der Klaauw (1995), 'Leaving Teaching in the UK: A Duration Analysis', Economic Journal, 105 (429), March, 431-44 [14] 8. Eric A. Hanushek and Steven G. Rivkin (1997), 'Understanding the Twentieth-Century Growth in U.S. School Spending', Journal of Human Resources, XXXII (1), Winter, 35-68 [34]   PART II - COMPETITION   9. Milton Friedman (With the Assistance of Rose D. Friedman) (1962), 'The Role of Government in Education', in Capitalism and Freedom, Chapter VI, Chicago and London: University of Chicago Press, 85-107 [23] 10 Caroline M. Hoxby (2000), 'Does Competition Among Public Schools Benefit Students and Taxpayers?', American Economic Review, 90 (5), December, 1209-38 [30] 11 Derek Neal (1997), 'The Effects of Catholic Secondary Schooling on Educational Achievement', Journal of Labor Economics, 15 (1, Part I), 98-123 [26] 12 Cecilia Elena Rouse (1998), 'Private School Vouchers and Student Achievement: An Evaluation of the Milwaukee Parental Choice Program', Quarterly Journal of Economics, CXIII, May, 553-602 [50]   PART III - FINANCE AND POLICY   13 Martin S. Feldstein (1975), 'Wealth Neutrality and Local Choice in Public Education', American Economic Review, 65 (1), March, 75-89 [15] 14 Sheila E. Murray, William N. Evans and Robert M. Schwab (1998), 'Education-Finance Reform and the Distribution of Education Resources', American Economic Review, 88 (4), September, 789-812 [24] 15 Caroline M. Hoxby (2001), 'All School Finance Equalizations Are Not Created Equal', Quarterly Journal of Economics, CXVI (4), November, 1189-1231 [43] 16 Dennis Epple and Richard E. Romano (1998), 'Competition Between Private and Public Schools, Vouchers, and Peer-Group Effects', American Economic Review, 88 (1), March, 33-62 [30] 17 Raquel Fernández and Richard Rogerson (1998), 'Public Education and Income Distribution: A Dynamic Quantitative Evaluation of Education-Finance Reform', American Economic Review, 88 (4), September, 813-33 [21] 18 Thomas J. Nechyba (2000), 'Mobility, Targeting, and Private-School Vouchers', American Economic Review, 90 (1), March, 130-46 [17]   Name Index