After developing at an increasingly slower pace over the decades, labor productivity in Germany has recently stagnated. This is in contrast to the development of the workforce’s qualifications, which have been growing steadily due to rapid academicization. These phenomena can be found in other developed countries and are often attributed to sectoral change. Indeed, the shift of economic activity towards ...
Die Arbeitsproduktivität hat in der Bundesrepublik gesamtwirtschaftlich über die Jahrzehnte immer langsamer zugelegt; zuletzt hat sie nur noch stagniert. Das steht in Kontrast zum steigenden Qualifikationsniveau der Arbeitskräfte infolge einer rasanten Akademisierung. Beides sind Phänomene, die auch in anderen entwickelten Ländern zu beobachten sind. Mitunter wird als Ursache auf den sektoralen Wandel ...
This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt-taking. In a lab experiment, participants can purchase goods by borrowing against their future income. We exogenously manipulate income expectations by letting income depend on relative performance in hard and easy quiz tasks. We successfully generate biased income expectations and show that participants ...
We present evidence that the practice of holding back poorly performing students affects estimates of the impact of class size on student outcomes based on within-school variation of cohort size over time. This type of variation is commonly used to identify class size effects. We build a theoretical model in which cohort size is subject to random shocks and students whose performance falls below a ...
This paper experimentally examines the impacts of a largescale government program that increased the supply and quality of community preschools in rural Cambodia. The construction of new preschool facilities was paired with two demand-side interventions designed to stimulate additional enrollment into preschools. The newly constructed preschools caused an increase in enrollment rates but the demand-side ...
Despite considerable variation in gender-role attitudes across contexts and its claimed influence on female labour supply, studies provide little support for a contextual gender-role attitude effect. In this study, we reassess the contextual gender-role attitude effect on female labour supply because earlier studies are hampered by two shortcomings: (a) they are cross-nationally comparative, which ...
