A non-trivial portion of traffic fatalities involve alcohol or illicit drugs. But does the use of alcohol and illegal substances - which is linked to depression, suicide, and criminal activity - also reduce academic performance? Recent studies suggest that drinking alcohol has a negative, if...

We provide a novel test for the impact of wealth-destroying natural disasters on college decisions using Hurricane Harvey (Aug-Sep 2017). First, we compare enrollment and graduation outcomes at Texas public universities and colleges according to their student share from disaster-affected...

While developing countries have made some progress in achieving human development since the turn of the century, many are still lagging behind in important human development goals such as education, health, nutrition and access to clean drinking water and improved sanitation. Moreover, gender...

The Ministry of Science and Higher Education has launched the Competency Development Programme in the form of additional financial means for activities to equip students with unique, the so-called soft skills necessary in scientific careers and on the labour market. Courses developing skills...

Using the Russia Longitudinal Monitoring Survey, this article investigates how Russian households' consumption responds to income shocks and, in particular, how household wealth and human capital affect the households' ability to smooth consumption. An instrumental variable estimation method...

Conventional wisdom on English development confers iconic status on the clause of the Act of Settlement (1701) that mandated secure tenure for judges. Because the Act's effect on tenure was partial, the effect of tenure on judicial decisions can be identified. The paper estimates how the...

Endogenous time discounting is introduced in a two-period human-capital-driven growth model: subjective discount rate depends upon the level of human capital. This assumption accords strongly with the micro-level evidence. In the model an individual optimizes consumption over two periods. Low...

In this paper we employ techniques developed in spatial econometrics to analyse spatial patterns of technology diffusion, to detect clusters and to estimate theoretical models that incorporate space explicitly. These techniques correct for misspecifications resulting from the omission of spatial...

This article analyzes the negative side of involuntary integration in public education - its effect on whites. The model shows that the flight from the integrated multicultural public schools to private education increases private educational expenditures and decreases fertility among more...

Die Fähigkeit zur Einführung neuer Produkte und Verfahren ist in einer sich rasch wandelnden globalen Wissensgesellschaft zu einem entscheidenden Faktor für den wirtschaftlichen Erfolg geworden. Die Wachstumsperspektiven von Ländern und Regionen hängen in hohem Maße von ihrer Ausstattung...