Franziska Bernadette Hampf prepared this study while she was working at the ifo Center for the Economics of Education. The study was completed in September 2019 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of four distinct empirical...

In almost all developed countries there has been substantial growth in university education over the last half-century. This growth has raised concerns that the benefits of university education are declining and that university education is not appropriate for students who, without the...