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Conference Paper
Social and nonmarket benefits from education in an advanced economy
The extent to which human capital, especially schooling, contributes to social well-being and economic growth is an important question, and has been addressed in numerous research studies. The results of these studies are diverse, and hence controversial and widely debated. Evidence on this issue has important implications for public policies toward education and the optimal public/private balance in the financing of educational services.
Journal Article
Poverty, children's health, and health care utilization
This paper was presented at the conference "Unequal incomes, unequal outcomes? Economic inequality and measures of well-being" as part of session 1, "Health status of children and households in poverty." The conference was held at the Federal Reserve Bank of New York on May 7, 1999. This paper discusses health as a direct measure of economic well-being and draws attention to those suffering the worst outcomes and the link between poverty and health. According to the author, in 1994 only 10 percent of children under age five in families making $35,000 or more were in less than very ...