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Education and Science

Knowledge is an important factor for economic growth as well as economic and individual welfare. Societies develop more and more into ‘knowledge economies’ and for individuals it becomes more and more important to acquire and enhance knowledge and skills in order to be able to keep up with recent developments.

Picture of students in a lecture-room

The research program Education and Science does research on the factors stimulating acquisition, use and enhancement of knowledge and skills.

The research program on Education focuses on questions such as ‘How are knowledge and skills - i.e. human capital - developed and what are the returns to human capital?’; ‘How is human capital influenced by government policies, which policies are effective and how?’; ‘What is the role of the existing institutions in the education sector, how do they incentivize the main agents such as teachers or pupils?’.

The research program on Science focuses on questions such as ‘How large is the effect of science on economic growth?’; ‘How effective is current science policy?’; ‘What is the role and effect of institutional factors in the field of science?’.

Most recent publications

The scope of the external return to higher education

This article examines whether the productivity spillovers from a large share of highly educated workers occur within regions, sectors and/or firms. To distinguish between these possibilities, I follow a two-stage procedure to estimate a Mincerian wage equation using matched employer-employee panel data on individual earnings and educational attainment.

CPB Discussion Paper 381 | 3 September 2018

34 pages | pdf document, 1.1 MB

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