This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which already starts as early as two years before...

We study the effect of childcare availability on child penalties. Using Swiss administrative data, we exploit the staggered opening od childcare facilities across municipalities in the canton of Bern. We find that the presence of childcare facilities in the year of birth of the first child...

One of the most important policy goals in industrialized countries is to increase the skill level of the labor force by life-long-learning strategies. In this paper our aim is to explain to what extent the variation in training investments is determined either by (observed and unobserved)...

We exploit a novel survey of recently arrived asylum seekers in Germany in order to estimate the degree of intergenerational mobility in education among refugees and compare it to the educational mobility of similar-aged individuals in their region of origin. The findings show that the refugees...

In this paper we present a life-cycle model with human capital investment during working life through training and provide a novel empirical test of human capital theory. Using a sizable pension reform which shifts the retirement age between two adjacent cohorts by three years, we document...

An emerging stream of research from various disciplines studies online labor market (OLM) platforms as an alternative way of accomplishing work compared to traditional (offline) labor markets. Although prior work has increased our understanding of how OLM platforms function, we so far know very...