This paper develops a comprehensive framework for the quantitative analysis of the private and fiscal returns to schooling and of the effect of public policies on private incentives to invest in education. This framework is applied to 14 member states of the European Union. For each of these...

Most scholars, professionals, parents, governments, and societies strongly believe that education, especially tertiary education, provides important economic and social benefits to everyone involved. Furthermore, tertiary education is recently considered as an important investment. Students...

In 1997 Turkey passed a law making middle school completion compulsory, increasing the mandatory education from 5 to 8 years. At the time of this policy change, only 3-in-5 students were completing middle school in Turkey. In this paper, I employ data from the 2011 and 2012 Turkish Household...

Overall, the education system fares well by international comparison. Slovenia has one of the highest shares of the population aged 25 to 64 to have completed at least upper secondary education, and ranks high in international educational achievement tests. Nevertheless, in some areas, reforms...

Globalisation, together with skill-biased technical change, is changing the composition of jobs in advanced economies and raising the level of skills required to do them. This has increased the importance of educating a large proportion of the population to much higher standards than in the...

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...

The federal budget for 2013 and the planning period 2014-2015 has already been given the label ‘anti-social': the rising volume of budget allocations to the ‘guns' brings down that of allocations to ‘butter' – including ‘educational butter.'