This paper assesses whether the sensitivity of bilateral trade volumes to various trade cost factors is constant or varies across countries. It utilizes a random coeffcients model and analyses a cross-sectional sample of bilateral trade data for 96 countries in 2005. We expect the elasticity of...

This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is noncompulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...

(Un-)gleichheit und Gerechtigkeit waren schon immer Kernbestandteil eines jeden politischen Konzeptes, welches das Wohl der Menschen in den Mittelpunkt rückte. Die Idee der Gleichheit ist so alt wie die der Demokratie selbst und neben instrumentellen Gründen, aus denen man (Un-)gleichheit...