-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a … education with and without capital markets integration. First, we explore how regimes of education provision - public, private … competition game where countries compete in the provision of public education. …

economic institutions and quantitative measures of tertiary education cannot. Under the growth model estimates and plausible …Existing growth research provides little explanation for the very large differences in long-run growth performance … across OECD countries. We show that cognitive skills can account for growth differences within the OECD, whereas a range of …

find that local education finance yields higher growth at the price of increased inequality. Aggregate fertility may be …This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and … endogenous fertility, two regimes of education finance are compared: central and local education. Using numerical simulation, I …

partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U …-shaped way on education. To maintain a given level of human capital it is shown that a less efficient schooling technology … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …

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 …

contribution to growth. Estimates of the long-run numeracy development of most countries in Asia, the Middle East, Africa, America … numeracy as measured by the age-heaping strategy for long-run economic growth. In a variety of specifications, numeracy … mattered quite strongly for growth patterns around the globe. …

include an additional dimension of public policy, namely education funding. Indeed, the productivity growth of future workers … addition to running social security, also funds education of future workers by means of taxes collected from the current ones …. The education tax rates are chosen, in each period, by a majoritarian rule among the relevant constituents. We demonstrate …

education decisions. We identify bilateral migration costs and their legal component for each pair of countries and two classes …