In the present paper through an empirical analysis with panel data author will attempt to evaluate the efficiency of government spending for education as a % of GDP in terms of a certain education quality criterion. The sample covers all world. Data are taken from Eurostat. The elaboration of...

The allocation of resources between education and health is an important and puzzling decision for the governments in countries with high mortality rate. We build a three-period overlapping generation model with mortality risk and show that if public education expenditure exceeds a critical...

Which impact does government size have on life satisfaction, and how do effects of bigger government differ between income groups in society? Previous studies typically employed country averages and thus neglect possibly heterogeneous happiness effects between income groups. The paper addresses...