THE ECONOMICS OF EDUCATION IN JAPAN: A SURVEY ON EMPIRICAL STUDIES AND UNRESOLVED ISSUES (in Japanese)

Takashi Oshio and Wataru Senoh

Economic Analysis, 2005, vol. 175, 107-133

Abstract: This survey aims to overview preceding empirical studies of education in Japan and figure out issues yet to be addressed. We classify the previous studies into six categories: 1) human capital and rates of return to education, 2) labor market and education, 3) educational attainment, 4) industrial analysis of education markets, 5) demand for education, and 6) education and social stratification. We then compare their purposes of analysis, methodology, conclusions and policy implications. There is a rich literature on each topic and we found many facts that are found by non-economic approaches but interesting from an economic viewpoint. A lack of data, however, limits empirical analysis and leaves many problems unresolved.

Date: 2005
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