We argue that South Korean families with children are today overinvesting in the level of education due to their high levels of expenditures on private after-school tutoring programs. This situation has evolved due to a combination of factors: a changing labor market, increasing housing and debt...

I study the effect of refugees' protection status on labor market outcomes focusing on a recent cohort of Syrian and Iraqi refugees entering Germany between 2013 and 2016. My empirical analysis exploits a sudden and unpredictable change in the assessment of the Federal Agency responsible for...

Benjamin W. Arold prepared this study while he was working at the Center for Economics of Education at the ifo Institute. The study was completed in March 2022 and accepted as doctoral thesis by the Department of Economics at the LMU Munich. It consists of four distinct empirical essays that...

A straightforward way of keeping children in school is increasing the duration of compulsory education. Evidence of the impact of this type of policy in Western countries is abundant. However, its effectiveness has been rarely tested in low-income countries. Using panel data of low-income and...