Topic Education

Patience, Risk-Taking, and Human Capital Investment Across Countries

Patience and risk-taking—two preference components that steer intertemporal decision-making—are fundamental to human capital investment decisions. To understand how they contribute to international skill differences, we combine Programme for International Student Assessment tests with the Global Preference Survey. We find that opposing effects of patience (positive) and risk-taking (negative) together ...

Early Childcare Expansion and Maternal Health

This paper estimates the causal effect of increased availability of early childcare on maternal health. We focus on a substantial expansion of childcare for children under three years in West Germany from 2006 to 2019. By matching county-level childcare attendance rates with individual data from the German Socio-Economic Panel Study (SOEP), we are able to quantify the effects of this expansion on maternal ...

Patience and the North-South Divide in Student Achievement in Italy and the United States

Does Family Structure Account for Child Achievement Gaps by Parental Education? Findings for England, France, Germany and the United States

This paper explores the role of family trajectories during childhood in explaining inequalities by maternal education in children's math and reading skills using harmonized, longitudinal, and nationally representative surveys, which follow children over the course of primary and lower secondary school in four high-income countries (England, France, Germany, and the United States). As single parenthood ...

Does Gender of Firm Ownership Matter? Female Entrepreneurs and the Gender Pay Gap

We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is – starting from a gender pay gap of 11 to 12 percent - two to three percentage-points lower for hourly wages in female-owned firms than in maleowned firms. Results are robust ...

Does Gender of Firm Ownership Matter? Female Entrepreneurs and the Gender Pay Gap

We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is – starting from a gender pay gap of 11 to 12 percent - two to three percentage-points lower for hourly wages in female-owned firms than in maleowned firms. Results are robust ...

Does Gender of Firm Ownership Matter? Female Entrepreneurs and the Gender Pay Gap

We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is – starting from a gender pay gap of 11 to 12 percent - two to three percentage-points lower for hourly wages in female-owned firms than in maleowned firms. Results are robust ...

No Lasting Increase in the Gender Care Gap in Germany after the Coronavirus Pandemic

The gender care gap, i.e., the difference between the amount of unpaid care work—such as childcare and housework—performed between men and women is comparatively high in Germany: Women take on much more unpaid care work than men. This gap increases consistently when starting a family. At the beginning of the coronavirus pandemic in 2020, many feared that the gender care gap may grow even larger. In ...

Schooling and Self-Control

While there is an established positive relationship between self-control and education, the direction of causality remains a matter of debate. We make a contribution to resolving this issue by exploiting a series of Australian and German educational reforms that increased minimum education requirements as a source of exogenous variation in education levels. Instrumental variables estimates suggest ...

The Cost of Fair Pay: How Child Care Work Wages Affect Formal Child Care Hours, Informal Child Care Hours, and Employment Hours

The debate on the effects of child care policies on household and individual behavior is substantial but lacks a discussion of the unintended consequences of rising wages in the child care work sector. To address this gap in the debate, the relation between rising pay and formal child care hours, informal child care hours, and employment hours is analyzed empirically with a case study on child care ...