Financial literacy is very important for social participation. This paper presents an empirical evaluation of the determinants of financial literacy among students at a German university. An additional goal is the identification of gender differences in respect to financial literacy. The...

Around ten countries currently use a variant of a national income-contingent loans (ICL) scheme for higher education tuition. Increased international interest in ICL validates an examination of its costs and benefits relative to the traditional financing system, time-based repayment loans...

We address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose actively the quality of their teaching and research when faced with...

We address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose actively the quality of their teaching and research when faced with...

Das deutsche Bildungssystem steht ungeachtet diverser Reformanstrengungen in der jüngeren Vergangenheit weiter vor großen Herausforderungen: Im internationalen Vergleich fehlt es an sozialer Chancengleichheit im Verlauf der Bildungskarrieren, und für eine Bildungsnation nehmen sich die...

This paper examines the financial value over the course of a lifetime of pursuing a college degree under a variety of different settings (e.g. major, student loan debt, individual ability). Using a lifecycle simulation approach, I account for ability/selection bias and the substantial...

Wissenschaftliche Weiterbildung gehört zwar nach dem Willen des Gesetzgebers zu den Kernaufgaben der Hochschulen. Gleichwohl sind die Aktivitäten in diesem Bereich marginal. Fehlende Handlungsanreize und die handlungsleitende Wichtigkeit der Forschungsreputation sind lang bestehende Gründe...

The private return to postsecondary investment varies widely by field, but the resources required by different fields are not well known. This paper establishes five new facts about college costs using novel department-level data. First, costs vary widely across field, ranging from electrical...

This volume was prepared by Benedikt Siegler while working at the Center for the Economics of Education of the Ifo Institute. It was completed in June 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich (LMU) in November 2014. The thesis includes...

This paper examines patterns of school choice in Egypt from primary through higher education. We use a mixed-methods approach that combines survey data with qualitative in-depth interviews to explore schooling decisions. Some private and religious schools exist, but we find that in most...