In the present paper, through an empirical analysis, the view of Corsini (2010) will be supported and will be further discussed that education is panacea. The sample covers all industrialised world. Data are taken from Eurostat. The elaboration of these panel data is made feasible by means of...

Climate disaster events are expected to displace at least 1.2 billion people by 2050. However, “climate refugees,” or individuals displaced in the context of disasters and climate change, lack international legal recognition and protection. In 2020, an international tribunal acknowledged in...

Using a panel of international student test scores 1980 2000 (PISA and TIMSS), panel fixed effects estimates suggest that government spending decentralization is conducive to student performance. The effect does not appear to be mediated through levels of educational spending. -- Fiscal...

Education has been one of the key determinants of economic growth around the world since 1965. In this paper, we discuss three different measures of education, and consider their relationship to the distribution of income as measured by the Gini coefficient as well as to economic growth across...

In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given level...