Lecture12_fall2009

Lecture12_fall2009 - Ec183 Fall 2009 Prof Leah Boustan...

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Ec183, Fall 2009 Prof. Leah Boustan Agenda • Start with survey – collecting data from our class • Finish our discussion of the US educational system. In particular, why did high school-level education spread so quickly in US relative to Europe from 1910-1950? • Lecture on rise of women’s labor force participation. One important cause: growing importance of education and white collar work (“brains” over “brawn”). • Pass back midterms Review: Human capital and economic growth • With the rise of big business and technological advances, human capital has been a vital input into production in the 20 th century. • Countries with high enrollment/graduation rates have grown faster than those without. • US has been the world leader in educational advances, beginning with the high school movement (1910-1950).
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AUT NLD LUX DEU BEL CHE FRA IRL GBR DNK NOR SWE 0 20 40 60 80 100 Secondary Schlool Enrollment Rates, 15-19 yr. Full-time general Full-time technical Part-time technical Europe and the U.S.1955/56 United States 1955 High school enrollment, US vs. Europe 1955 Why did US surpass Europe?: Comparing features of secondary schooling Provided by central government. One median
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Lecture12_fall2009 - Ec183 Fall 2009 Prof Leah Boustan...

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