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Persistent link: https://www.econbiz.de/10003401367
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In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...
Persistent link: https://www.econbiz.de/10014071301
We report results on the ex ante predictability of monthly excess stock returns in Germany using real-time and revised …
Persistent link: https://www.econbiz.de/10003304970
In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a...
Persistent link: https://www.econbiz.de/10003844356
This paper investigates the evolution of wages and the recent tendency to rising wage inequality in Germany, based on …. Wage inequality started to increase around 1994 in Germany for all workers and for prime age dependent male workers as well …. Rising inequality is not the result of the recent rise in self-employment. In West Germany rising inequality occurred in the …
Persistent link: https://www.econbiz.de/10012727132
Persistent link: https://www.econbiz.de/10012991193
We report results on the ex ante predictability of monthly excess stock returns in Germany using real-time and revised …
Persistent link: https://www.econbiz.de/10010295798
In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings as a continuous treatment effect. Empirical evidence is based on a sample of West...
Persistent link: https://www.econbiz.de/10010297356
This paper investigates the evolution of wages and the recent tendency to rising wage inequality in Germany, based on …. Wage inequality started to increase around 1994 in Germany for all workers and for prime age dependent male workers as well …. Rising inequality is not the result of the recent rise in self-employment. In West Germany rising inequality occurred in the …
Persistent link: https://www.econbiz.de/10003314699