The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement. With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments. Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys. This volume contains: (1) Post Schooling Wage Growth: Investment, Search and Learning (Yona Rubinstein and Yoram Weiss); (2) Long Term Trends in Schooling: The Rise and Decline (?) of Public Education in the United States (Sandra E. Black and Kenneth L. Sokoloff); (3) Historical Perspectives on Racial Differences in Schooling in the United States (William J. Collins and Robert A. Margo); (4) Immigrants and Their Schooling (James P. Smith); (5) Educational Wage Premia and the Distribution of Earnings: An International Perspective (Franco Peracchi); (6) Educational Wage Premiums and the U.S. Income Distribution: A Survey (Donald R. Deere and Jelena Vesovic); (7) Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond (James J. Heckman, Lance J. Lochner and Petra E. Todd); (8) The Social Value of Education and Human Capital (Fabian Lange and Robert Topel); (9) Why Has Black-White Skill Convergence Stopped? (Derek Neal); (10) Education and Nonmarket Outcomes (Michael Grossman); (11) Does Learning to Add Up Add Up? The Returns to Schooling in Aggregate Data (Lant Pritchett); and (12) Interpreting the Evidence on Life Cycle Skill Formation (Flavio Cunha, James J. Heckman, Lance Lochner and Dimitriy V. Masterov). [For related reports, see Volume 2 (ED527054), Volume 3 (ED527055), and Volume 4 (ED527056).]