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We characterize intergenerational mobility in Germany using census data on educational attainment and parental income for 526,000 children. Our measure of educational attainment is the A-Level degree, a requirement for access to university. A 10 percentile increase in the parental income rank is...
Persistent link: https://www.econbiz.de/10013190822
Taxation changes the expectations of prospective university students about their future level and uncertainty of after-tax income. To estimate the impact of taxes on university enrollment, we develop and estimate a structural microeconometric model, in which a high-school graduate decides to...
Persistent link: https://www.econbiz.de/10003889498
This paper studies heterogeneity in schooling decisions by socio-economic status (SES) in response to a repeal of achievement-based admissions requirements (i.e. binding track recommendations) in Germany's between-school tracking system. The main contribution is to show that while previously...
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Applying a financial assets approach, we analyze the returns and earnings risk of investments into different types of human capital. Even though the returns from investing in human capital are extensively studied, little is known about the properties of the returns to different types of human...
Persistent link: https://www.econbiz.de/10009665637
In this study we analyze whether the gender composition of siblings within a family affects the choice of College Major. The question is whether a family environment that is more gender-homogeneous encourages academic choices that are less gender stereotyped. We use the last name and the exact...
Persistent link: https://www.econbiz.de/10013060974
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We review the empirical literature that estimates the causal effect of parent’s schooling on child’s schooling, and conclude that estimates differ across studies. We then consider three explanations for why this is: (a) idiosyncratic differences in data sets; (b) differences in remaining...
Persistent link: https://www.econbiz.de/10013316139
Inequality of opportunity strikes when two children with the same academic performance are sent to diff erent quality schools because their parents di ffer in socio-economic status. Based on a novel dataset for Germany, we demonstrate that children are signi ficantly less likely to enter the...
Persistent link: https://www.econbiz.de/10012237580