Abstract
It has widely been acknowledged that education is a major source of economic prosperity and social well-being. Education is not only an important factor in the productivity and innovative capacity of an economy, but gives access to knowledge that helps individuals and society to be more stable and resilient in times of change. These social returns can take the form of 'market outcomes' such as productivity or earnings and 'non-market outcomes' such as health, civic participation and more generally social capital. Deeper understanding of the contribution of education to the provision of these social outcomes is a desirable goal.
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