Wegen einer steigenden Bildungsbeteiligung ist das Erwerbspersonenpotential der jungen Menschen in den letzten Jahren gesunken. Aufgrund des Nachrückens geburtenschwacher Jahrgänge wird die Bedeutung der Jüngeren für den Arbeitsmarkt alsbald noch mehr abnehmen. Die Konsequenzen der...

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...

Between 1991 and 1997 West Germany spent on average about 3.6 bn Euro per year on public sector sponsored training programmes for the unemployed. We base our empirical analysis on a new administrative data base that plausibly allows for selectivity correction by microeconometric matching...

This paper presents for the first time panel evidence on the productivity effects of training intensity and different training forms in Germany. It hereby takes account of selectivity of training activities, unobserved heterogeneity of establishments as well as omitted variable bias. Using the...