The Roy-Borjas model predicts that international migrants are less educated than nonmigrants because the returns to education are generally higher in developing (migrant-sending) than in developed (migrant-receiving) countries. However, empirical evidence often shows the opposite. Using the case...

We empirically analyse whether television (TV) can influence entrepreneurial identity and incidence. To identify causal effects, we utilise a quasi-natural experiment setting. During the division of Germany after WWII into West Germany with a free-market economy and the socialistic East Germany...

The human capital of a nation is highly correlated to its productivity. Thus, differences in human capital may be seen as one factor determining the productivity gap between East and West Germany. However, a disadvantage of East Germany with regard to hu-man capital only shows up as long as it...