system respond to changes in demand for education, and iii) whether state schools respond to competition from non … econometric model we estimate education value added, instead of relying on absolute quality of school graduates. We find that non …

In the education literature, it is generally acknowledged that both credit and insurance for students are rationed. In … aversion is low, banks offer non-insuring pooling contracts at equilibrium that may result in overinvestment in education. If …

This paper investigates how the abolishment of a ban on tuition fees affects the quality of higher education with …

education in Switzerland. We find no significant average effects of voucher-induced adult education on earnings, employment, and … subsequent education one year after treatment. But effects are heterogeneous: Low-education individuals are most likely to profit … from adult education, but least likely to use the voucher. The findings cast doubt on the effectiveness of existing …

Public effort in support of higher education – measured as state funding per thousand dollars of personal income – has … revolt institutions for state effort on behalf of higher education. These provisions have a statistically significant and … caused by these provisions is critical for the future of state-supported higher education. …

Higher education is not just a signal of innate ability. At least a certain level of educational achievement (degree … education and enter the tournament. The poor are confined to the non-graduate labour market. This is doubly inefficient because … some of the rich buy too much education, and some of the graduates have lower ability than some of the non …