This contribution investigates the role of education in domestic terrorism for 133 countries between 1984 and 2007. The findings point at a nontrivial effect of education on terrorism. Lower education (primary education) tends to promote terrorism in a cluster of countries where the...

In many countries there is a considerable gender gap in enrolment for a bachelor’s degree in Economics, arguably an important stepping stone towards positions of influence in policy making and occupations paying relatively high wages. We investigate the sources of this gap by looking in detail...

Education yields substantial non-monetary benefits, but the size of these gains is still debated. Previous studies, for example, report contradictory effects of education and compulsory schooling on mortality - ranging from zero to large mortality reductions. Using data from 19 compulsory...

We review the empirical literature that estimates the causal effect of parent’s schooling on child’s schooling, and conclude that estimates differ across studies. We then consider three explanations for why this is: (a) idiosyncratic differences in data sets; (b) differences in remaining...

This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor’s degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...

This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is demonstrated that a key feature of human capital investments is whether they increase or decrease wage risk. In a benchmark model it is shown that this feature alone determines...

Martin Luther urged each town to have a girls’ school so that girls would learn to read the Gospel, evoking a surge of building girls’ schools in Protestant areas. Using county- and town-level data from the first Prussian census of 1816, we show that a larger share of Protestants decreased...

Altruistic parents may transfer resources to their offspring by providing education, and by leaving bequests. We show that in the presence of wage taxation, a small bequest tax may improve efficiency in an overlapping-generations framework with only intended bequests, by enhancing incentives of...

This paper uses recently discovered data on nearly 300 Prussian counties in 1816 to show that Protestantism led to more schools and higher school enrolment already before the industrialization. This evidence supports the human capital theory of Protestant economic history of Becker and Woessmann...

Nationwide school choice and fixed per-student governmental funding provide incentives for Dutch schools to perform well. Roughly one third of Dutch pre-university schools are of catholic denomination. Acknowledging this widely available outside option to public and other schools, this paper...