compromise these results. We also discuss assortative mating and household income as possible channels of causality. …

I propose two new tests of Falk and Knell's (2004) prediction that individuals' reference income increases with ability …'s model to establish a link between immigrants' reference income and their return visits to their countries of origin. I …

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

children. Using data for Germany, we find that an economic downturn, coupled with increased unemployment, affects children …'s education attainment negatively. In terms of monetary units, the average effect of the 1993 German recessionon children …'s educational attainment corresponds to a loss of average monthly household equivalence income of about 50%. A second important …

addition to income, as dimensions of multidimensional well-being in Germany. Our analysis shows that more than half of the … children. Mobility between different affluence counts between 2002 and 2007 is rather low and existing changes are mostly …

first attempt to explore whether immigrant parents' ethnic identity affects the next generation's human capital accumulation …