This research studies the short-term effects of the Russian Excellence Initiative Project 5to100 on participating universities. To trace the effect, we develop a quasi-experimental econometric methodology. A control group of universities comparable to the Project 5to100 universities at the...

Recent policy suggestions from the European Community underlined the importance of “efficiency” and “equity” in the provision of education while, at the same time, the European countries are required to provide their educational services by minimizing the amount of public money devoted...