This paper investigates relative earnings of individuals leaving tertiary education without a degree across 18 European countries employing survey data on adult workers. We find that, on average, university dropouts earn 8% more than those never enrolling into tertiary education, but 25% less...

International student exchange has become an important part of university-level studies and the EU plans to increase it significantly. We analyze how international student exchange affects students’ academic human capital. Using detailed student-level data from four faculties (Economics and...

This paper evaluates the effects of a high school curriculum reform on students ́probability to enroll at university and to choose Science, Technology, Engineering or Mathematics (STEM) as college major. The reform that was introduced in one German state increased the degree of difficulty to...

This paper investigates the impact of studying the first-choice university subject on dropout and switching field of study for a cohort of students in Germany. Using detailed survey data, and employing an instrumental variable strategy based on variation in the local field of study availability,...

Dem vorliegenden Beitrag liegt die Forschungsfrage zugrunde, ob Studienberechtigte in Deutschland durch Studiengebühren von einem Studium abgehalten werden. Diese Fragestellung ist aus mindestens zwei Aspekten relevant: Erstens gibt es bislang nur wenige Arbeiten, die, bezogen auf die...

Exploiting the randomized expansion of preferential college admissions in Chile, we show they increased admission and enrollment of disadvantaged students by 32%. But the intended beneficiaries were nearly three times as many, and of higher average ability, than those induced to be admitted. The...

Patience and risk-taking - two cultural traits that steer intertemporal decision-making - are fundamental to human capital investment decisions. To understand how they contribute to international differences in student achievement, we combine PISA tests with the Global Preference Survey. We find...