Despite important policy implications associated with the allocation of education resources, evidence on the effectiveness of school inputs remains inconclusive. In part, this is due to endogenous allocation; families sort themselves non-randomly into school districts and school districts...

Assuming a two-period model with endogenous choices of labour, education, and saving, it is shown to be second-best efficient not to distort the choice of education...

We investigate the positive and normative consequences of child-labor restrictions foreconomic aggregates and welfare. We argue that even though the laissez-faire outcome maybe inefficient, there are usually better policies to cure these inefficiencies than the impositionof a child-labor ban...

Few researchers have examined the nature and determinants of earnings differentials amongreligious groups, and none has been undertaken in the context of conflict-prone multireligioussocieties like the one in India. We address this lacuna in the literature by examiningthe differences in the...

Die Arbeitsmarktreformen der letzten Jahre haben die strukturellen Anpassungsproblemedes deutschen Beschäftigungsmodells zum Teil gelindert - allerdings sind noch längst nichtalle Schwierigkeiten überwunden...

Many North American college students have trouble satisfying degree requirements in atimely manner. This paper reports on a randomized field experiment involving two strategiesdesigned to improve academic performance among entering full-time undergraduates at alarge Canadian university. One...

It is puzzling that people feel quite unhappy when they become unemployed, while at thesame time active labor market policies are needed to bring unemployed back to work morequickly. Using data from the German Socio-Economic Panel, we investigate whether there isindeed such a puzzle. First, we...

While results are starting to emerge, not much is known yet about the dynamics of the labormarkets of the former Eastern economies, especially in the context of the current FinancialCrisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor markettransitions, earnings...

In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal minimum wage of 7.5 per hour on the basis of a...

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well-being. This paper studies the importance of individual economic security, in particular job security, in workers´ well-being by exploiting sector-specific institutional differences...