Individuals with more years of education generally acquire more training later on in life. Such a relationship may be due to skills learned in early periods increasing returns to educational investments in later periods. This paper addresses the question whether the complementarity between...

This paper provides more insight into the relevance of the assumption of human capital theory that the productivity of job-related training is driven by the improvement of workers' skills. We analyse the extent to which training and informal learning on the job are related to employee skill...

Trotz des beachtlichen personellen und finanziellen Aufwands, der in der Bundesrepublik für die Durchführung arbeitsmarktpolitischer Maßnahmen betrieben wird, ist ihr Erfolg in keiner Weise gesichert. Im Gegenteil, die bisherige Evaluierungspraxis verletzt nahezu durchgängig eine der...

A pay-as-you-go pension scheme is associated with positive externalities of having children and providing them with human capital. In a framework with heterogeneity in productivity, and stochastic and endogenous investment in fertility and education, we discuss internalization policies...

We investigate the impact on mortality of the world's first compulsory health insurance, established by Otto von Bismarck, Chancellor of the German Empire, in 1884. Employing a multi-layered empirical setup, we draw on international comparisons and difference-indifferences strategies using...