Die deutsche Sozialpolitik steht vor enormen Herausforderungen. Die gesetzlichen Renten-, Kranken- und Pflegeversicherungen stehen nicht zuletzt wegen des absehbar starken demographischen Wandels unter Druck. In Zukunft werden immer mehr Leistungsempfängern immer weniger Beitragszahler gegenüber stehen. Die Politik ist gefordert, einem drohenden Generationenkonflikt entgegenzuwirken. In diesem Beitrag ...
The formation of human capital is important for a society's welfare and economic success. Recent literature shows that child health can provide an important explanation for disparities in children's human capital development across different socio-economic groups. While this literature focuses on cognitive skills as determinants of human capital, it neglects non-cognitive skills. We analyze data from ...
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise if an agent's reward expectation is not met. Throughout the experiment we record agents' heart rate variability. ...
This is the first study investigating the causal effect of maternal education on child's health and schooling outcomes in Germany. We apply an instrumental variables approach that has not yet been used in the intergenerational context. For that purpose, we draw on a rich German panel data set (SOEP) containing information about three generations. This allows instrumenting maternal education by the ...
This paper presents new evidence concerning the relationship between environmental conditions in the year of birth (as reflected in the infant mortality rate (IMR) and gross domestic product per capita) and adult health (adult height). We perform an analysis across Spanish regions for cohorts born between 1961 and 1980, a period when the country underwent a socio-economic and political transformation. ...
In this paper we investigate the causal effect of years of schooling on health and health-related behavior in West Germany. We apply an instrumental variables approach using as natural experiments several changes in compulsory schooling laws between 1949 and 1969. These law changes generate exogenous variation in years of schooling both across states and over time. We find evidence for a strong and ...