Die Schweizer Staatsquote steigt seit den 90er Jahren stark an. Der Wirtschaftstheorie folgend sollte sich der Staat jedoch auf seine Kernaktivitäten beschränken, um ein optimales Wirtschaftswachstum zu ermöglichen. Die vorliegende Arbeit untersucht die Höhe und die Entwicklung der grössten...

The Peruvian economy has exhibited remarkable growth in the past 20 years. Good tax and monetary policies, along with comprehensive structural adjustment, which has attracted substantial foreign investment, are regarded as the pillars of this success. Notwithstanding the advances experienced on...

The economics of education is about understanding how and why people make decisions to invest in education, the effect of education on long-term social and economic outcomes, the behavious of those institutions that produce education and how best to design and implement public policies affecting...

Our paper provides some of the first evidence on the effect of the Head Start funding expansions on program inputs. We take advantage of the county-year variation in funding increases that were implemented due to a number of legislated policy changes in the late 1980s and throughout the 1990s....

We investigate equilibrium impacts of federal policies such as free-college proposals, taking into account that human capital production is cumulative and that state governments have resource constraints. In the model, a state government cares about household welfare and aggregate educational...