Studies on the underlying mechanisms of social mobility commonly find that half of the intergenerational earnings persistence remains unexplained. Focusing on the phenomenon of overqualification, this study examines a transmission channel that might operate beyond the mechanisms previously...

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...

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...

In dieser Arbeit werden Abschreibungsraten allgemeiner und beruflicher Ausbildungsinhalte im Erwerbsleben untersucht. Es wird analysiert, ob die Ausbildungsinhalte des Dualen Ausbildungssystems im Zeitalter der Akademisierung und der Computerrevolution eine beschleunigte Abschreibung erfahren...

We analyse the determinants of dropout from secondary and vocational education in Germany using data from the Socio-Economic Panel from 2000 to 2007. In addition to the role of classical variables like family background and school achievements, we examine the effect of noncognitive skills. Both,...

A model is presented where workers of differing abilities and from different social backgrounds are assigned to jobs based on grades received at school. It is examined how this matching is affected if good grades are granted to some low ability students. Such grade inflation is shown to reduce...

In Deutschland werden vielfach hohe Anforderungen an die berufliche Qualifikation von Existenzgründern gestellt. Im Handwerk, aber auch in bestimmten freiberuflich organisierten Tätigkeitsbereichen sind Existenzgründungen nur mit einem qualifizierten Berufsabschluß möglich. Darüber hinaus...

In this paper, we examine how orphanhood affects children's educational and health outcomes in eleven sub-Saharan African countries. Our analysis is based on a comparison of orphans and non-orphaned children living under the same conditions. We also examine the impacts of various family...