threshold, to estimate causal returns to college education quality. I use a newly constructed dataset, which combines individual …

Inequalities do not end once students enter higher education. Yet, the majority of papers on the effectiveness of … education aid examine its impact on college enrolment. In this paper, we provide evidence on the causal impact of means …

The total social benefits of college education exceed the private benefits because the government receives a share of … college education subsidies and for the excess burden of income taxation caused by the college margin. We also show how the … recent structural labor literature on college education. The model incorporates multidimensional heterogeneity, idiosyncratic …

schooling and of the effect of public policies on private incentives to invest in education. This framework is applied to 14 … additional year of schooling for an individual of average attainment, taking into account the effects of education on wages and … education, and measures of the fiscal returns to schooling that capture the long-term effects of a marginal increase in …

This paper analyses political forces that cause an initial expansion of public spending on higher education and an … future demand for education. This demand shift implies that the initial subsidy per student becomes too expensive to be … politically sustainable. Despite a voters? backlash that curbs education subsidies, overall enrolments continue to rise. But the …

. This pattern shows clear political alternatives in education policy across the German states: the political left classifies …

overinvest in education, whereas worker mobility generates a free-rider effect for governments, who are not willing to subsidize … the education of agents who will work abroad. At equilibrium, the free-rider effect always dominates the competition …