Incomplete information is a commitment device for time consistency problems. In the context of time consistent labor income taxation privacy can lead to a Pareto superior outcome and increases the effectiveness of public education as a second best policy

Pop-Eleches and Urquiola (2013) apply a regression discontinuity to the Romanian secondary school system, and notably find that (a) students who go to a better school get higher scores on an exam used for university admission, (b) parents of students who get into a better school help their kids...

In developing countries, rising incomes, increased demand for more skilled labor, and government investments of considerable resources on building and equipping schools and paying teachers have contributed to global convergence in enrollment rates and completed years of schooling. Nevertheless,...

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...

This paper analyses the determinants of participation in higher education in West Germany. In particular, the role of social origin as well as of expectations regarding the labour market outcome of a higher education degree and of public educational policy are examined. The estimations are based...