In this paper, we analyze the transition to the labour market of participants in vocational training in Madeira Island. In a first stage, we investigate how the employment status at different dates (one month, one year, and two years after the completion of the training program) depends on...

A large empirical literature documents a rise in wage inequality in the American economy. Itis silent on whether the increase in inequality is due to greater heterogeneity in thecomponents of earnings that are predictable by agents or whether it is due to greateruncertainty faced by agents...

We analyze the distribution and concentration of market incomes in Germany in the period1992 to 2001 on the basis of an integrated data set of individual tax returns and the GermanSocio-Economic Panel. The unique feature of this integrated data set is that it encompassesthe whole spectrum of the...