This study was prepared by Gabriela Schütz while she was working with the Ifo Institute for Economic Research. It was completed in September 2008 and accepted as a doctoral thesis by the Economics Department of the University of Munich (LMU). The topic of this study is an econometric analysis...

Student loans schemes are in operation in more than seventy countries around the world. Most loans schemes benefit from sizeable built-in government subsidies and, in addition, are subject to repayment default and administrative costs that are not passed on to student borrowers. We probe two...

This work attempts to examine how the global financial crisis has affected the education sector and more specifically, universities. So our paper examines the universities public funding especially in Europe, the mobility of teaching staff, students etc. Also the impact of the financial crisis...

For most of the last century, majority of the universities in USA catered to the local needs and the economy. In the beginning of the 20th Century few universities in the USA started to expand to attract students across the borders and the region and gradually acquired national and international...

The Entrepreneurial University is a failed idea. This is not to disparage the entrepreneurial activities of faculty, graduates and students. Neither is it to criticise industry sponsored research and co-authorship. University research and higher education have a role in innovation. However, if...

A controversial new financing phenomenon has recently emerged. New “income share agreements” (“ISAs”) enable an individual to raise funds by pledging a percentage of her future earnings to investors for a certain number of years. These contracts, which have been offered by entities such...

In this paper, we empirically test the role that religious and political institutions play in the accumulation of human capital. Using a new data set on literacy in colonial India, we find that Muslim literacy is negatively correlated with the proportion of Muslims in the district, although we...

This paper discusses the future of universities: trends that are increasingly drawing attention, and those who have yet to appear, without getting into the field of view of the majority of researchers in higher education. Debate on the future of the university is due to the emergence of new...

According to the study of (Hanushek and Wößmann, 2007) it was found among others that the skills of the population – rather than mere school attainment – are powerfully related to individual earnings, to the distribution of income, and to economic growth. In the present paper author will...

This paper empirically analyzes the impact of aid on education for about 100 countries over the period 1970-2005. We estimate a system of equations to test whether and to what extent the impact of sector-specific aid on educational attainment depends on (i) the extent to which aid adds to...