Summary This paper discusses recent contributions to the so-called new growth theory which attempt to provide an explanation for endogenous growth processes. Special attention is paid to the specification of technology in the R&D sector as well as the incorporation of new technological knowledge...

Summary This paper examines the distributional effects of public higher education financing in a lifetime perspective. The benefits that university graduates obtain in terms of their tertiary education are compared to the graduates’ education-related (tax) burden. To calculate the...