This paper uses a new measure of human capital that works much better in explaining productivity in OECD countries compared to earlier measures of human capital to investigate the educational policy drivers of human capital. A novel methodology is utilised by interacting educational policies,...

This paper surveys the empirical literature on the growth effects of education and social capital. The main focus is on the cross-country evidence for the OECD countries, but the paper also briefly reviews evidence from labour economics, to clarify where empirical work on education using macro...

Because of the current financial crisis and the crisis of the German welfare state, the population development has become a topic of public discussion in Germany. The aging and decline of the population which is on the horizon of most of the highly-developed countries brings up fears of a...