Benjamin W. Arold prepared this study while he was working at the Center for Economics of Education at the ifo Institute. The study was completed in March 2022 and accepted as doctoral thesis by the Department of Economics at the LMU Munich. It consists of four distinct empirical essays that...

We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...