This paper estimates the short-term effects of the introduction of the Bachelor degree in the framework of the Bologna Process on college enrollment and drop-out rates. We use variation in the timing of the Bachelor implementation at the department level to identify the effect of the reform...

In dieser Studie werden auf Basis des Mikrozensus die soziodemographische Struktur sowie die Tätigkeitsfelder der Ingenieure und Facharbeiter mit den typischen Berufen des Maschinen- und Anlagenbaus analysiert. Die Erwerbsquote der Ingenieure ist in den Jahren zwischen 1991 und 1995 gesunken,...

This paper analyses the level of relative specialisation in terms of gross fixed capital formation in EU regions for the period between 1985 and 1994. Controlling for heteroscedasticity and potential endogeneity problems, we get consistent econometric results. Larger market and regional sizes...

In this paper the outlier robust GMM panel data estimator recently proposed by Lucas, van Dijk, and Kloek (1994)is applied to an Euler equation model of firm investment behaviour with imperfectly competitive product markets for a small panel of German nonfinancial stock companies. Plots for...

Human capital contracts give private investors the right to share of students' future earnings in return for a financial contribution during their studies. Although still rarely used, human capital contracts could not only help to completement limited public funding for higher education but...

Many children grow up with parents working abroad. Economists are interested in the achievement and well-being of these home alone children to better understand the positive and negative aspects of migration in the sending countries. This paper examines the causal effects of parents' migration...

Academic careers in Germany have been under debate for a while. We conduct a survey among postdocs in Germany, to analyze the perceptions and attitudes of postdocs regarding their research incentives, their working conditions, and their career prospects. We conceptualize the career prospects of...

Graduates from Science, Technology, Engineering, and Mathematics (STEM) are usually found to have higher wages and a lower risk of overqualification. However, it is unclear whether we can interpret the effect of STEM subjects on overqualification and wages in a causal way, since individuals...

This paper analyzes how high-ability students respond to different indicators of university quality when applying for a university. Are some quality dimensions of a ranking, e.g. research reputation or mentoring more important than others? I estimate a random utility model using administrative...

According to school entry regulations in most countries, the composition of school entrance cohorts is determined by a fixed cutoff date. This procedure creates inter-cohort differences in age and development which can severely influence educational trajectories. Developmental examinations at...