"In the United States powerful job gains have been achieved in the last 25 years. In contrast the number of jobs in the European Union has increased comparatively little. At the same time unemployment has grown in two phases in the European countries whereas it remained at a comparatively low...

We try to identify which economic factors might be responsible for the large international differences in student performance. We present time series evidence for a number of European countries which suggests that rising educational expenditures obviously did not improve student performance....

"In the United States powerful job gains have been achieved in the last 25 years. In contrast the number of jobs in the European Union has increased comparatively little. At the same time unemployment has grown in two phases in the European countries whereas it remained at a comparatively low...