This paper analyzes the consequences of integration in public education. I show that the flight from the integrated multicultural public schools to private education increases private educational expenditures and, as a result, decreases fertility among more affluent parents whose children flee. In contrast, among less prosperous parents…

This paper constructs a simple two-tier education framework to analyze the effectiveness of multiple language instruction. Suppose that the government attempts to maximize the average post-education productivity. It is shown that the optimal education policy requires different languages of instruction be adopted in the education system. The…

We examine college affordability under the existing pricing and financial aid system that awards both non need-based and need-based aid. Using data of freshmen attending a large number of selective private and public colleges in the USA, we find that the prices students actually pay for college have increased over time. Need-based grant aid has…

In this paper, we analyze class size effects on college students exploiting data from a project offering special remedial courses in mathematics and language skills to freshmen enrolled at an Italian medium-sized public university. To estimate the effects of class size, we exploit the fact that students and teachers are virtually randomly assigned…

Many European countries have delayed the time when school tracking starts in order to pursue equality of opportunity. What are the efficiency costs of de-tracking secondary schools? This paper builds a stylized model of the optimal time of tracking, estimates the relevant parameters using micro data for 11 European countries and computes the…

This paper examines the outcome of over-skilling and over-education on wages and job satisfaction of full-time employees in Australia between 2001 and 2008. We employ a random effects probit model with Mundlak corrections. We find differences by type of mismatch, education pathway, and gender. We categorise reported mismatches as genuine…

We assess the implementation of income contingent loan (ICL) schemes for higher education in a context characterized by two main features: a formerly tuition-free system and a great heterogeneity in the quality and cost of higher education. In that case, ICL implementation leads to a trade-off between increasing "career" equity in terms of…

We examine the effects of a branch campus on the social welfare of the host country and the foreign university. Overall, we find that a branch campus increases both the domestic social welfare (measured by the aggregate student utility) and the tuition revenue of the foreign university. The effect of a branch campus on the brain drain is…

This paper investigates achievement gaps between low and high socioeconomic students in 19 high-income countries. On average, math scores of students with indicators of high socioeconomic status (SES) are over one standard deviation above those with low SES indicators. The paper estimates the extent to which these achievement gaps can be…

This paper examines the impact of education on economic growth in Greece over the period 1960-2000 by applying the model introduced by Mankiw, Romer, and Weil. The findings of the empirical analysis reveal that education had a positive and statistically significant effect on economic growth in Greece over the period 1960-2000. The econometric…

We use a representative sample of Italian graduates drawn from the Consorzio AlmaLaurea to assess the impact of individual and family characteristics, university inputs and the labour market on the time taken to attain a degree. Our estimates highlight that all these dimensions drive the outcome analysed. Weak labour market prospects contribute…

In the international context, the quality of public primary education in Indonesia is sub-standard. The assumption of officials at all levels of government is that a significant increase in funding will be required to improve education performance. The analysis in this paper shows that money does indeed matter for the attainment of primary…

This paper examines the wage returns to qualifications and academic disciplines in the Greek labour market. Exploring wage responsiveness across various degree subjects in Greece is interesting, as it is characterised by high levels of graduate unemployment, which vary considerably with the field of study, and relatively low levels of wage…

Through the use of event-history techniques, we will show that a duration framework is adapted to the analysis of higher education attrition. Our dropout model allows for estimates to vary over time. While some factors exhibit constant effects, like high school characteristics, other effects do vary from the first year to the fourth. Men and women…

The aim of the present paper is to examine the observed differences in Students' test performance across public and private-voucher schools in Spain. For this purpose, we explicitly consider that education is a multi-input multi-output production process subject to inefficient behaviors, which can be identified at student level using a parametric…