One of the most prominent instruments of regional policy is to foster education and human capital formation in economically lagging regions. However, regional policy of this type can actually hurt instead of help the poor areas. The reason is that individual geographical mobility increases with...

We study human capital accumulation in an environment of competitive search. Given that unemployed workers can default on their education loans, skilled individuals with a larger debt burden prefer riskier but better paid careers than is socially desirable. A higher level of employment risk in...

Zahlreiche Länder, so auch Deutschland, zeichnen sich durch ausgeprägte regionale Disparitäten auf dem Arbeitsmarkt aus. Regionalökonomische Studien liefern unterschiedlichste Ansätze, um die Existenz solcher Unterschiede zu erklären. Aber nur wenige Arbeiten geben Aufschluss über die...

An increasing international applicability of a given type of education encourages students to invest more effort when studying. Governments, on the other hand, face an incentive to divert the provision of public education away from internationally applicable education toward country-specific...

Altruistic parents, who differ in income, make financial transfers to their children, who differ in ability. The children invest in post-compulsory education, subject to an endogenous credit constraint, and taking policy as given. There are two policy tools: a subsidy to those who participate in...

En diciembre de 2012 he publicado en esta serie de Documentos de Trabajo un paper en el cual analizaba 22 notas de opinión que había escrito a lo largo de casi dos años y medio en diversos matutinos porteños. De las mismas se podía concluir que la educación argentina se encontraba en...

An increasing international applicability of a given type of education encourages students to invest more effort when studying. Governments, on the other hand, face an incentive to divert the provision of public education away from internationally applicable education toward country-specific...

This paper analyses the public finance performance and the dynamics of government expenditures on education and health in the Kyrgyz Republic in 2007-2010, when the country was hit by the global economic crisis and then by an internal political crisis in 2010. Despite these crisis conditions,...

This paper analyzes how student achievement is affected by resource increases in the Swedish compulsory school due to a special government grant that was enforced in the academic year of 2001/02. The analysis is based on register data that contains all students that completed compulsory...