Despite high inflation, the real gross hourly wages of employees grew by around 15 percent from 1995 to 2022. In particular, the lowest wage decile caught back up to all other deciles following a sharp drop in real wages. At the same time, the low-wage sector has shrunk by nearly five percentage points since 2007, and by even more in the east of Germany (14 percent). In 2022, 18.5 percent of employees ...
Die Bruttostundenlöhne von abhängig Beschaftigten sind im Zeitraum 1995 bis 2022 trotz zuletzt hoher Inflation real um rund 15 Prozent gestiegen. Vor allem das unterste Lohndezil holte nach zwischenzeitlich starken Reallohnverlusten wieder gegenüber allen anderen Dezilen auf. Parallel dazu ging der Niedriglohnsektor seit 2007 um knapp fünf Prozentpunkte zuruck, in Ostdeutschland sogar um 14 Prozentpunkte. ...
Cross-sectional age-skill profiles suggest that cognitive skills start declining by age 30 if not earlier. If accurate, such age-driven skill losses pose a major threat to the human capital of societies with rapidly aging populations. We estimate actual age-skill profiles from individual changes in literacy and numeracy skills at different ages. We use the unique German longitudinal component of the ...
Decisions to invest in human capital depend on people's time preferences. This paper shows that differences in patience are closely related to substantial subnational differences in educational achievement, leading to new perspectives on longstanding within-country disparities. We use social-media data – Facebook interests – to construct novel regional measures of patience within Italy and the United ...
Understanding widowhood duration is essential for individuals and effective widow support policies, yet widowhood duration remains an understudied topic. In this article, we provide a quantitative estimation of the impact of three primary determinants of expected widowhood duration at age 60 in a unified framework: (1) the degree of overlap between male and female mortality distributions, (2) the spousal ...
