This paper studies second best policies for education, saving, and labour in an OLG model in which endogenous growth … equilibria are inefficient. The inefficiency is exacerbated if selfish individuals externalize the positive effect of education … on descendents' productivity. It is shown to be second best to subsidize education even relative to the first best if the …

work a child does, are private information, the second-best policy uses a combination of need and merit based education …

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …

Protestant economic history of Becker and Woessmann (2009), where Protestantism first led to better education, which in turn … facilitated industrial development. It rules out that the existing end-of-19th-century evidence can be explained by a Weberian … explanation, where a Protestant work ethic first led to industrialization which then increased the demand for education. …

I will outline the institutional structure of monitoring and improving the quality of higher education in The …

analyze the provision of public primary education in nineteenth-century Prussia which was characterized by a linguistically … polarized society and a decentralized education system. Using unique county-level data on education spending we show that … border suggest that the relationship can be causally interpreted. Exploiting a reform of education spending, we show that …