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Luis Faundez; Robert Kaestner – Evaluation Review, 2025
This article describes a conceptual and empirical approach for estimating a human capital production function of child development that incorporates mother- or child-fixed effects. The use of mother- or child-fixed effects is common in this applied economics literature, but its application is often inconsistent with human capital theory. We…
Descriptors: Human Capital, Low Income Students, Federal Programs, Social Services
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Yong, Zhong; Jie, Xie – Chinese Education & Society, 2017
This paper presents a case study of the microeconomy of a typical underdeveloped village in southwest China and the role of elementary education in the village economy. The paper begins with a brief review of relevant theories on the economics of education and the current social conditions and state of education in the village under study, and…
Descriptors: Foreign Countries, Poverty, Outcomes of Education, Private Financial Support
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Weber, Christian E. – Journal of Economic Education, 1997
Reconsiders Uriel Spiegel's analysis of the Giffen phenomenon, a utility function that yields an inferior good with an upward-sloping demand curve. Extends this to include similar utility functions that yield inferiority. Discusses the earlier work of related theorists including Liebhafsky, Vandermeulen, and Wold and Jureen. (MJP)
Descriptors: Business Cycles, Consumer Economics, Economic Climate, Economic Factors
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Spiegel, Uriel – Journal of Economic Education, 1997
Reexamines Spiegel's analysis of the Giffen phenomenon, a utility function that yields an inferior good with an upward-sloping demand curve and incorporates Christian Weber's criticism into the model. Disagrees with Weber on some points but agrees that as income decreases the likelihood of the Giffen product decreases. (MJP)
Descriptors: Business Cycles, Consumer Economics, Economic Climate, Economic Factors