In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled … enhancing the quality of education. The necessary expenditures are optimally financed by regressive tuition fees and the net …

This paper reviews empirical evidence, especially from Europe, on how education and training policies can be designed … education and schools over vocational and higher education to training and lifelong learning. The available evidence suggests … deliver best results. Designed this way, education and training systems can advance efficiency and equity at the same time …

show that distance matters for cross-border lending, especially for the SMEs. In contrast to the policy of harmonization …

generous tax depreciation provisions. Several countries including the UK have reduced tax rates for SMEs. This study compares … incentive effects of such reforms on the SMEs’ investment decisions adopting simple present value model. Ceteris paribus tax …

We study the sensitivity of banks' credit supply to small and medium size enterprises (SMEs) in the UK to banks … and bank headquarters). However, during the crisis, we find that SMEs with in their vicinity banks that have stronger …