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This paper is the first to analyze intergenerational economic mobility based on sibling correlations in permanent earnings in Germany and to provide a cross-country comparison of Germany, Denmark, and the US. The main findings are as follows: the importance of family and community background in...
Persistent link: https://www.econbiz.de/10011601007
Why has the college wage premium risen rapidly in the United States since the 1980s, but not in European economies such as Germany? We argue that differences in employment protection can account for much of the gap. We develop a model in which firms and workers make relationship-specific...
Persistent link: https://www.econbiz.de/10012254868
This paper uses a game-theoretic model to analyze the disincentive effects of low-tuition policies on student effort. The model of parent and student responses to tuition subsidies is then calibrated using information from the National Longitudinal Survey of Youth 1979 and the High School and...
Persistent link: https://www.econbiz.de/10010283370
. Undergraduate students are presented with sets of jobs that vary in their attributes (such as earnings and job hours flexibility … students' perceptions about the types of jobs that would be offered to them conditional on their college major choices, we … relate these job attribute preferences to major choice. We find that students perceive jobs offered to humanities majors to …
Persistent link: https://www.econbiz.de/10011537997