Anfang des Jahres traten mit dem Wachstumsbeschleunigungsgesetz umfangreiche Steuersenkungen in Kraft. Strittig ist, ob die Steuersenkungen tatsächlich zu positiven Wachstumswirkungen führen oder lediglich die ohnehin schon drastische Staatsverschuldung vergrößern. Untersuchungen mit einem...

This paper considers the decentralized funding of public universities in a federation when students and graduates are mobile. In particular, I discuss whether local governments should be given the right to differentiate tuition fees between in-state and out-of-state students. I develop a model...

One possible solution to the sovereign debt crisis is the European Redemption Pact (ERP) proposed by the German Council of Economic Experts. The ERP provides sustainable financing conditions for participating sovereigns to facilitate bringing public debt ratios below the reference value of 60%...

This paper uses the introduction of tuition fees in seven of the sixteen German states in 2007 as a natural experiment to identify the effects of tuition prices on enrollment probabilities. Based on information on enrollment decisions of the entire population of high-school graduates between...

In countries with a decentralized provision of higher education, local governments have incentives to levy higher fees on out-of-state students. This paper analyzes the implications of such preferential fee regimes for welfare and the number of students in a federation by means of a theoretical...