In their recent paper, Boldrin and Montes (2005) analyze the “return on human capital investment” theory and show that if borrowing for education is not possible, then a combined public education and pension system that uses lump sum taxes and transfers can replicate the first-best...

La educación superior en Colombia adolece de dos problemas fundamentales, estrechamente relacionados entre sí: un sistema de financiamientoque concentra las transferencias públicas en un grupo privilegiado de universidades y una oferta educativa de baja calidadcon una participación creciente...

This study was prepared by Gabriela Schütz while she was working with the Ifo Institute for Economic Research. It was completed in September 2008 and accepted as a doctoral thesis by the Economics Department of the University of Munich (LMU). The topic of this study is an econometric analysis...

Das Bundesverfassungsgericht entschied im Jahr 2005, dass es jedem Bundesland frei stehe, zu entscheiden, ob es Studiengebühren erheben möchte. Infolge dessen führten zunächst Nordrhein-Westfalen und Niedersachsen ab dem Wintersemester 2006/2007 Studiengebühren ein. Ein Jahr später folgten...

Policies need not only to be well designed to effectively address market failures, but their parameters also need to be part of agents' information sets. This is illustrated by government student loans in the Netherlands which are intended to alleviate liquidity constraints. Despite generous...

We apply theories of capital market failure to analyze optimal financing of risky higher education. In the market solution, students can only finance their education through debt. There is underinvestment in human capital, because some students with socially profitable investments in human...

The article imports into the legal literature for the first time the full range of single sex education research, from this country and others, and examines sociological research that has been omitted from the debate. Rarely do proponents consider what educational and social effects...

In the public discourse, education is usually considered as the main vehicle for the promotion of social equality and social mobility. The paper surveys the existing literature and concludes that the relationship between education and inequality in Greece is strong. Inequities are evident at all...