The Changing Economic Advantage from Private Schools

22 Pages Posted: 19 Sep 2012

See all articles by Francis Green

Francis Green

University of Kent - Department of Economics

Stephen J. Machin

London School of Economics & Political Science (LSE) - Centre for Economic Performance (CEP); London School of Economics & Political Science (LSE) - Department of Economics

Richard Murphy

London School of Economics & Political Science (LSE)

Yu Zhu

University of Kent - Department of Economics

Date Written: October 2012

Abstract

Private schooling is an important feature of education systems across the world. Despite its relatively small size, the British private school sector has a long history and plays a prominent role in society. We provide evidence showing that private schools have been successful in transforming their ability to generate the academic outputs that are most in demand in the modern economy: the private/state school wage differential has risen significantly over time, and a significant factor has been faster rising educational attainment for privately‚Äźeducated individuals.

Suggested Citation

Green, Francis and Machin, Stephen J. and Murphy, Richard and Zhu, Yu, The Changing Economic Advantage from Private Schools (October 2012). Economica, Vol. 79, Issue 316, pp. 658-679, 2012, Available at SSRN: https://ssrn.com/abstract=2149042 or http://dx.doi.org/10.1111/j.1468-0335.2011.00908.x

Francis Green

University of Kent - Department of Economics ( email )

Keynes College
Kent, CT2 7NP
United Kingdom

HOME PAGE: http://www.kent.ac.uk/economics/staff/gfg/

Stephen J. Machin (Contact Author)

London School of Economics & Political Science (LSE) - Centre for Economic Performance (CEP) ( email )

Houghton Street
London WC2A 2AE
United Kingdom

London School of Economics & Political Science (LSE) - Department of Economics ( email )

Houghton Street
London WC2A 2AE
United Kingdom

Richard Murphy

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

Yu Zhu

University of Kent - Department of Economics ( email )

Keynes College
Kent, CT2 7NP
United Kingdom

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