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List of illustrations=x
Preface=xi
1. The economic theory of schooling markets: an introduction=1
1.1. Introduction=1
1.2. Strengths and limitations of the economic analysis of schooling markets=3
1.3. The market mechanism=6
1.4. The critique of public schooling=8
1.5. Schooling markets=10
1.6. Government intervention in schooling markets=16
1.7. Quasi-market reforms: an introduction=22
1.8. Plan of the remaining chapters=25
2. Education and the economy: examining the context of schooling markets=27
2.1. Introduction=27
2.2. Government spending on education=29
2.3. Education and economic performance=33
2.4. Education and the 'knowledge-based economy'=37
2.5. Education and labour market inequality=40
2.6. Education and labour market discrimination=42
2.7. Education and social exclusion=45
2.8. Conclusions=46
3. Parents, pupils, schools and teachers: the microeconomics of schooling=48
3.1. Introduction=48
3.2. Choosing an education: parents and pupils=50
3.3. The process of education in schools=62
3.4. Conclusions=81
4. Market reforms: funding and open enrolment=84
4.1. Introduction=84
4.2. The variety of market forces in schooling provision=85
4.3. Sources of school funding=87
4.4. Funding via central government or local community=88
4.5. Private sector sponsorship=89
4.6. Parents paying for schooling=94
4.7. Open enrolment systems=98
4.8. Voucher systems=100
4.9. For-profit versus not-for-profit schools=105
4.10. Conclusions=107
5. Market reforms: parental choice in an open enrolment system=109
5.1. Introduction=109
5.2. The choices provided by quasi-markets in schooling=110
5.3. Who chooses: parent or child?=112
5.4. Methodological issues in researching school choice=113
5.5. Policy questions on parental choice=115
5.6. Ambiguity in current research evidence=118
5.7. Are externalities internalised?=122
5.8. Are choices mainly driven by consumption or investment demand?=125
5.9. Do parents prioritise peer group characteristics or school effectiveness?=129
5.10. Are parents significantly influenced by the level of school resourcing?=131
5.11. Do parents have access to the information they need and do they interpret information accurately?=132
5.12. How important is school location?=133
5.13. Do parents want different schools?=134
5.14. How representative are parents who send their child to an out-of-neighbourhood school?=135
5.15. Conclusions=136
6. Market reforms: licensing, training and remuneration of teachers=138
6.1. Introduction=138
6.2. Teachers: some international comparisons=140
6.3. Occupational licensing=141
6.4. Teacher training and recruitment=142
6.5. Systems of teacher's pay=144
6.6. Conclusions: proletarianisation or changing professional norms?=157
7. Governance, monitoring and performance indicators=159
7.1. Introduction=159
7.2. Changing the governance structure=162
7.3. Performance monitoring: theory and practice=170
7.4. Conclusions=180
8. Schools in the market place=181
8.1. Introduction=181
8.2. Productive efficiency=181
8.3. Stratification=191
8.4. Diversity and specialisation=202
8.5. Conclusions=210
9. Conclusions=213
9.1. Introduction=213
9.2. A review of our arguments=214
9.3. Three key policy questions=218
9.4. Generating beneficial co-opetition in local schooling markets=221
References=224
Index=249
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