Despite measures on the European level to increase the compatibility between the HE sectors of the member states, the recent literature exposes variations in their efficiencies. To gain insights into these differences we split the efficiency term according to the two management levels each...

Merit requirements in need-based student aid may exacerbate inequality in higher education but at the same time improve efficiency of aid expenditure by increasing on-time graduation, for instance. Disentangling the effect of the two building blocks of student aid ("need" and "merit") is...