Models in which employers learn about the productivity of young workers, such as Altonji and Pierret (2001), have two principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second, the coefficient on a variable that employers initially do not observe, such as the Armed Forces Qualification Test (AFQT) score, grows with experience. If ...
Matching university places to students is not as clear cut or as straightforward as it ought to be. By investigating the matching algorithm used by the German central clearinghouse for university admissions in medicine and related subjects, we show that a procedure designed to give an advantage to students with excellent school grades actually harms them. The reason is that the three-step process employed ...
The aim of this paper is to estimate non-monetary income advantages arising from publicly provided education and to analyze their impact on the income distribution and on economic inequality in Germany. Using representative micro-data from the German Socio-Economic Panel (SOEP) and taking into consideration regional and education-specific variation, the overall result is an expected leveling effect ...
Das steigende mittlere Alter bei Geburt wird in der medizinischen Forschung als wichtiger Risikofaktor für die Gesundheit der Neugeborenen erachtet, die über den Indikator Frühgeburt bestimmt werden kann. Die vorliegende Analyse eines Kollektivs von insgesamt 1391 Geburten von Müttern im SOEP, konnte in einem multivariaten Design zeigen, dass der Einfluss des biologischen Alters tatsächlich stark von ...
It is well known that individuals' risk attitudes are related to behavioral outcomes such as smoking, portfolio decisions, and also educational attainment, but there is barely any evidence on whether parental risk attitudes affect the educational attainment of dependent children. We add to this literature and examine children's secondary school track choice in Germany where tracking occurs at age ten ...
Leaders are critical to a country's success. They can influence domestic policy via specific measures that they enforce, and they can also influence international public opinion towards their country. Foreign Direct Investments are also essential for a country's economic growth. Our hypothesis is that foreign-educated leaders attract more FDI to their country. Our rationale is that education obtained ...
In der vorliegenden Studie wird anhand von Daten einer prospektiven Längsschnittstudie (Mannheimer Risikokinderstudie) untersucht, welchen Beitrag die Qualität der Mutter-Kind-Interaktion (MKI) im Säuglingsalter zur Vorhersage kognitiver (IQ) und nichtkognitiver Fähigkeiten (Persistenz) bis zum Vorschulalter leistet. Dazu wird ein ökonometrisches Modell verwendet, das zusätzlich zu den durch Verhaltensbeobachtung ...
