For many students throughout the world the time to obtain an academic degree extends beyond the normal completion time while college tuition is typically constant during the years of enrollment. In particular, it does not increase when a student remains in a program beyond the normal completion...

When a firing litigation is taken to court, only the characteristics of the employees’ misconduct should be relevant for the judge’s decision. Using data from an Italian bank this Paper shows that, instead, local labour market conditions influence the court’s decision: the same misconduct...