Despite increasing access to university education, students from disadvantaged or non-academic family backgrounds are still underrepresented in universities. In this regard, the economics literature has focused on the role of financial constraints as a cause of these observed differences in educational choices. Our knowledge of potential effects of other constraints regarding university education is ...
First study using official company records — more knowledge-based capital increases productivity — some sectors are already investing more in knowledge-based capital than in machines and buildings — economic policy must take a holistic approach towards investments Every year in Germany, around 200 billion euros are invested in knowledge-based capital, such as research and development ...
Aufgrund der Festlegung des gesetzlichen Mindestlohns als Stundenlohn müssen valide Informationen, zu Bruttostundenlöhnen aus den Angaben zu Monatsentgelten und wöchentlichen Arbeitszeiten, berechnet werden. Dieser Beitrag vergleicht methodisch sowie empirisch das Sozio-oekonomische Panel und die Verdienst(struktur)erhebung. Demnach bestehen grundlegende konzeptionelle Unterschiede, in der Stichprobenziehung ...
Do increased instruction hours improve the performance of all students? Using PISA scores of students in ninth grade, we analyse the effect of a German education reform that increased weekly instruction hours by two hours (6.5 percent) over almost five years. In the additional time, students are taught new learning content. On average, the reform improves student performance. However, treatment effects ...
Organizational capital (OC) is important for economic performance. To determine the impact on the economic development, it is necessary to measure investment in OC just as well as depreciation of OC. Here we take closer look on the team value as part of the intangibles in the field of organisation capital.
Despite increasing access to university education, students from disadvantaged or non-academic family backgrounds are still underrepresented at universities. In this regard, the economic literature mainly studies the effect of financial constraints on post-secondary educational decisions. Our knowledge on potential effects of other constraints regarding university education is more limited. We investigate ...
Research shows that total factor productivity (TFP) growth is weak in European countries. This is inter alia attributed to the fact that substantial TFP growth is limited to a few industries. Because TFP growth is typically understood as technological progress, it is concluded that technology diffusion between sectors in Europe is hampered. We use EU KLEMS data sets to decompose sectoral TFP for nine ...
Policy-makers face a trade-off between the provision of higher levels of schooling and earlier labour market entries. A fundamental education reform in Germany tackles this trade-off by reducing high school by one year while leaving the total instructional time unchanged. Employing administrative data on all high school graduates in 2002-2013 in Germany, we exploit both temporal and regional variation ...