This paper deals with the labor market entrance of young people in the Federal Republic" of Germany. The main focus is on failures during this stage. First, an overview of the youth" labor market in Germany is given. Then, the transition from vocational training to work is" analyzed: The...

Many social commentators have raised concerns over the possibility that increased sorting in a society can lead to greater inequality. To investigate this we construct a dynamic model of intergenerational education acquisition, fertility, and marital sorting and parameterize the steady state to...

Recent contributions in the inequality literature have raised questions about previous research on skill-biased technical change and the managerial power of CEOs. Directly supporting our theme of prior exaggeration of the rise of inequality is new research showing that price indexes for the poor...

We analyze temporal trends in cultural distance between groups in the US defined by income, education, gender, race, and political ideology. We measure cultural distance between two groups as the ability to infer an individual's group based on his or her (i) media consumption, (ii) consumer...

This paper evaluates the effectiveness of recent welfare reforms, investigating the effects of both state-specific waivers in the early 1990s and the 1996 federal reform legislation. Unlike earlier work, we analyze a wide array of indicators, including welfare participation, labor market...

Each year parents transfer a great deal of money to their adult children. While intuition might suggest that these transfers are altruistic and made out of concern for the well-being of the children, the fundamental prediction of the altruistic model has been decisively rejected in empirical...

The share of children living in a two-parent family has declined sharply in the past 40 years, driven by a decline in marriage among parents without a four-year college degree. This paper presents a number of facts about these trends, drawing on US Census data, the Current Population Survey, the...

Despite growing interest in the potential influence of grandparents on grandchild status attainment, research has not addressed whether the ordinal position or number of grandchildren affects outcomes. We apply sibling- and cousin-fixed effects analyses to Swedish population data to examine how...

This paper analyzes cohort marriage patterns in the United States in order to determine whether declining rates of first marriage are due to changes in the timing of marriage, the incidence of marriage, or both. Parametric models, which are well-suited to the analysis of censored or truncated...