This paper studies the long-run macroeconomic, distributional and welfare effects of tuition policy and student loans. We therefore form a rich model of risky human capital investment based on the seminal work of Heckman, Lochner and Taber (1998). We extend their original model by variable labor...

This paper analyses the role of family risk attitudes in intergenerational mobility in incomes and education. Based on 1984-2009 data of sons and fathers from the German Socio-Economic Panel Survey, there is evidence suggesting that sons with risk taking fathers have a significantly higher...

Der vorliegende Beitrag untersucht die Verteilungswirkungen der Hochschulfinanzierung im Längsschnitt. Die Leistungen, die Hochschulabsolventen in Form der Hochschulbildung erhalten, werden den hochschulbezogenen (Steuer-)Lasten der Hochschulabsolventen gegenübergestellt. Es zeigt sich, dass...

The present paper analyzes the out-migration of graduates to other German states or abroad based on the German Socio-Economic Panel (GSOEP). Applying duration analysis, it can be shown that, ten years after graduation, slightly more than seventy percent of the graduates still live in the state...

The Berlin Aging Study II (BASE-II) is a multidisciplinary study that allows for the investigation of how a multitude of health status factors as well as many other social and economic outcomes interplay. The sample consists of 1,600 participants aged 60 to 80, and 600 participants aged 20 to...

Who participates in continuing vocational training and who does not? This central question in research on continuing vocational training gains in significance the more the importance of lifelong learning is postulated. On the basis of the SOEP data collection periods of 1989, 1993, 2000, 2004...

The extensive research on the impact of educational attainment on fertility behavior has been expanded by a new dimension. According to these recent findings, not only the level but also the field of education has to be taken into account. The field of education determines a great deal about...

In most industrialized countries, the work and family patterns of the baby boomers characterized by more heterogeneous working careers and less stable family lives setthem apart from preceding cohorts. Thus, it is of crucial importance to understand how these different work and family lives are...