The process of globalization causes an increasing intensity of institutional competition, i.e. competition among national suppliers of institutional arrangements for mobile factors. This often leads to the conclusion that the competence of national economic policy actors is decreasing. As a...

Discussions on the benefits of single-gender education on girls science outcomes are popular in the German education literature. However, most empirical evidence tends to be qualitative work and the causal effects of single-gender education are hardly identified using appropriate statistical...

Investment policy is a central issue in foundations. The capital stock of a foundation and its long-term retention are prerequisites of a foundation s perpetuity and independence. A foundation s goals can only be reached with the funds generated by the foundation s investment management. Ever...