This paper considers a simple model of self-fulfilling expectations that leads to a multiple equilibrium of gender gaps in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in most of the related literature, our model fully relies...

We provide an overview of the growing literature that uses micro-level data from multiplecountries to investigate health outcomes, and their link to socioeconomic factors, at olderages. Since the data are at a comparatively young stage, much of the analysis is at an earlystage and limited to a...

In this paper, we investigate the long-run effects of World War II on socio-economic status(SES) and health of older individuals in Europe. Physical and psychological childhood eventsare important predictors for labor market and health outcomes in adult life, but studies thatquantify these...

Utilizing data from the June Current Population Survey (CPS) Fertility Supplement mergedwith data from other months of the CPS, we describe trends in parents´ employment andleave-taking after birth of a newborn and analyze the extent to which these behaviors areassociated with parental leave...

The principal means by which individuals and families achieve economic self-sufficiency is through labor market earnings. As a consequence, it is natural for policy makers to look to interventions that increase the ability of individuals and families to achieve an adequate standard of living...

State and federal reforms of the 1990s transformed the U.S. cash assistance program forsingle parents and their children. Despite an extensive literature examining these changesand their impacts, there have been few studies that consider the effects of these reformsfrom the perspective of the...

The population of most developed societies is ‘graying’. As life expectancy increases and thelarge baby-boom generation approaches retirement age, this has critical consequences formaintaining a high standard of living and the sustainability of pension systems. In the light ofthese labor-force...

We investigate the matching algorithm used by the German central clearinghouse foruniversity admissions (ZVS) in medicine and related subjects. This mechanism consists ofthree procedures based on final grades from school ("Abiturbestenverfahren","Auswahlverfahren der Hochschulen") and on waiting...

Political corruption is a concern of many modern democracies. It weakens democraticinstitutions, restricts public services, and lowers productivity undermining economicdevelopment. Yet despite its importance, our understanding of what determines corruption islimited. This paper uses a novel...

This paper analyses how governance or institutional quality and tax morale affect the shadoweconomy, using an international country panel and also within country data. The literaturestrongly emphasizes the quantitative importance of these factors to understand the level andchanges of shadow...