In Germany, students are streamed at age ten into an academic or non-academic track. We demonstrate that the randomly allocated disadvantage of being born just before as opposed to just after the cutoff date for school entry leads to substantially different schooling experiences. Relatively young students are initially only two-thirds as likely to be assigned to the academic track. The possibility ...
Wer kann sich in Deutschland noch ein Eigenheim leisten? Für Familien wird ein Kauf immer schwieriger, zeigt eine neue Studie. Unter Wohlhabenden ohne Nachwuchs dagegen geht der Trend zur Zweit- und Drittimmobilie.