There is surprisingly little macroeconomic empirical research which would support a presumed link between education and development. I identify three major reasons why it remains difficult to estimate the economic relevance of education as a determinant of growth and development. First, most...

This study was prepared by Nina Czernich while she was working with the Ifo Institute for Economic Research.It was completed in December 2010 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. The study addresses the question whether the emergence of...

Die entwicklungspolitische Debatte hat lange darunter gelitten, daß ihr eine überzeugende theoretische Grundlage fehlte. Dies beginnt sich seit einigen Jahren mit dem Aufkommen der "neuen" Wachstumstheorie zu ändern. Deren Implikationen stützen das, was neoklassisch orientierte...