Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25101 
Year of Publication: 
2006
Series/Report no.: 
SFB 649 Discussion Paper No. 2006,018
Publisher: 
Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk, Berlin
Abstract: 
We analyze the two goals behind the European Bologna Process of increasing student mobility: enabling graduates to develop multi-cultural skills and increasing the quality of universities. We isolate three effects: 1) a competition effect that raises quality; 2) a free rider effect that lowers quality; 3) a composition effect that influences the relative strengths of the two previous effects. The effects lead to a trade-off between the two goals. Full mobility may be optimal, only when externalities are high. In this case, student mobility yields inefficiently high educational quality. For moderate externalities partial mobility is optimal and yields an inefficiently low quality of education.
Subjects: 
Student mobility
Quality of higher education
Multi-cultural skills
Bologna Process
JEL: 
D61
H77
I28
Document Type: 
Working Paper

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