According to our research, some 12% of young people in Germany between the ages of 17 and 19 are disconnected, i.e. not in school, unemployed, and not living with a partner. The percentage of disconnected youths has been on the rise since 2002. There is evidence that an adverse family...

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...