This paper exploits the unexpected decline of deaths from cardiovascular diseases since the 1970s as a large positive health shock that affected predominantly old-age mortality; i.e., the fourth stage of the epidemiological transition. Using a differences-in-differences estimation strategy, we...

The Enhanced Basic Education Act of 2013, among others, added two years in secondary education thereby delaying entry into higher education by two years. This was expected to displace teaching and non-teaching personnel in higher education. To mitigate the impact, the law mandated the Commission...

This paper addresses issues related to higher education in selected EU Member States and its contribution to the creation of wealth. Special emphasis was placed on the shape of education policy in selected countries through an analysis of the main indicators characterizing the same. The paper...

This paper examines the effects of foreign- and native-born STEM graduates and non-STEM graduates on patent intensity in U.S. metropolitan areas. I find that both native and foreign-born STEM graduates significantly increase metropolitan area patent intensity, but college graduates in non-STEM...

Benchmarking is intended to help gauge where economies rank relative to others. However, historically educational benchmarking has often elected to use indicators based on their ease of availability, rather than a clear and defined link between inputs and learning outcomes. In this paper, we...