We use estimates of the effect of educational achievement - measured by international student achievement tests - on economic growth to simulate the impact of improved achievement for individual EU countries and the EU as a whole. We calculate the present value of improvements in GDP over the...

Governments around the world are deeply divided about the proper role of industrial policy, with some politicians arguing for hands-off governance and others supporting government intervention to promote ""national champions""-- firms that receive government support for both political and...

We try to identify which economic factors might be responsible for the large international differences in student performance. We present time series evidence for a number of European countries which suggests that rising educational expenditures obviously did not improve student performance....

In allen nationalen und internationalen Schülerleistungstests erweist sich nahezu ausnahmslos der familiäre Hintergrund der Schülerinnen und Schüler als der bei weitem stärkste Einflussfaktor auf ihre erzielten Leistungen. Daher befasst sich der vorliegende vierte und letzte Beitrag zum...