Higher education is subsidized worldwide, although with pronounced differences in levels of subsidization. While public funds account for about 90% of universities budgets in Scandinavian countries, the share of public funds in Great Britain and the US is less that 30%. Subsidization is...

Lehrbuch für Studierende der Wirtschaftswissenschaften der Grund- und Bachelorstudiengänge, das in die Grundlagen des Rechnungswesens einführt. Rechtsstand ist der 30. November 2013. (LK/OS: Dannert)

Using individual income data from university archives, we look at the development of professorial salaries over a time-span covering the Kaiserreich, the Weimar Republic, the Third Reich as well as the Federal Republic of Germany. We find that relative salaries have fallen dramatically, both...

We benefit from the Bologna reform to show how course and program policies affect academic achievement. We examine two similar programs at the business school of a major European university, which were both reformed. Time lags in the reforms allow us to estimate the difference in the differences...

We reassess the empirical effects of income and employment on self-reported well-being. Our analysis makes use of a two-step estimation procedure that allows applying instrumental variable regressions with ordinal observable data. As suggested by the theory of incomplete markets, we...