We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...

Die im Zuge der Einführung des Euro beschlossenen Obergrenzen für die staatliche Neuverschuldung und den Schuldenstand - die sogenannten Maastricht-Kriterien - sind für die Stabilität der Gemeinschaftswährung wie die Konsolidierung der nationalen Haushalte von zentraler Bedeutung. Da sie...

Wenn andere Staaten noch schlechter als Deutschland dastehen, mindert das nicht im Geringsten den Handlungsdruck in Deutschland: Ohne konsequente Beachtung der Schuldenbremse und ohne überfällige Strukturreformen werden nach den Ergebnissen der Generationenbilanz auch wir Deutsche zu Griechen...

Between 1972 and 1978 U.S. high schools rapidly increased their female athletic participation rates - to approximately the same level as their male athletic participation rates - in order to comply with Title IX, a policy change that provides a unique quasi-experiment in female athletic...

The stylized facts suggest a negative relationship between tax progressivity and the skill premium from the early 1960s until the early 1990s, and a positive one thereafter. They also generally imply rising tax progressivity, except for the 1980s. In this paper, we ask whether optimal tax policy...

Regression analysis using panel data for 42 colleges and universities over 14 years suggests that the economics faculty size of universities offering a Ph.D. in economics is determined primarily by the long-run average number of Ph.D. degrees awarded annually; the number of full-time faculty...

Building on a new data set which is combined from national micro-data bases, we highlight differences in the structure of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all immigrants to the OECD world. Looking at immigrants by source...