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The Ifo Investment Database
Strobel, Thomas; Sauer, Stefan; Wohlrabe, Klaus - 2013
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in … allows allocating investments by asset type to each industry, using an investment flow matrix. The database enables … investments. We describe the structure and methodology of the database and illustrate its variety and strengths by looking at some …
Persistent link: https://www.econbiz.de/10009721990
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Educational and wage risk : social insurance vs. quality of education
Schindler, Dirk; Weigert, Benjamin - 2008
In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled sector, successful graduation depends both on individual effort to study and on public resources. We show that insuring the present risks is a dichotomic task: Wage risk is...
Persistent link: https://www.econbiz.de/10003806025
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Stay in school or start working? : the human capital investment decision under uncertainty and irreversibility
Bilkic, Natasa; Gries, Thomas; Pilichowski, Margarethe - 2009
As the time of leaving school determines the level of academic achievement this timing decision is central for the human capital investment decision. Real option theory offers a new perspective of the human capital investment decision under uncertainty and irreversibility. Unlike other...
Persistent link: https://www.econbiz.de/10003897279
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Are short-lived jobs stepping stones to long-lasting jobs?
Cockx, Bart; Picchio, Matteo - 2008
This paper assesses whether short-lived jobs (lasting one quarter or less and involuntarily ending in unemployment) are stepping stones to long-lasting jobs (enduring one year or more) for Belgian long-term unemployed school-leavers. We proceed in two steps. First, we estimate labour market...
Persistent link: https://www.econbiz.de/10003813607
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No place like home? : graduate migration in Germany
Haussen, Tina; Übelmesser, Silke - 2015
We empirically analyze sub-national migration of graduates in Germany and its determinants. Based on a longitudinal … market and previous and subsequent migration patterns. We find that, five years after graduation, about 60% of the graduates … are employed in the university state either because they have stayed or returned. Whether or not graduates migrate largely …
Persistent link: https://www.econbiz.de/10011343053
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Scars of recessions in a rigid labor market
Cockx, Bart; Ghirelli, Corinna - 2015
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010491732
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Are expectations alone enough? : estimating the effect of mandatory college-prep curriculum in Michigan
Jacob, Brian Aaron; Dynarski, Susan M.; Frank, Kenneth; … - 2016
applies to the high school graduating class of 2008 and later. We use a student, longitudinal database for all public school …
Persistent link: https://www.econbiz.de/10011451088
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Educating Europe
Poutvaara, Panu - 2004
The mobility of labor reduces national incentives to invest in internationally applicable education. The European Union could overcome this by allowing member states to institute graduate taxes or income-contingent loans, collected also from migrants. This paper presents calculations on how a...
Persistent link: https://www.econbiz.de/10011404287
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Entrepreneurship and market size : the case of young college graduates in Italy
Di Addario, Sabrina; Vuri, Daniela - 2010
We analyse empirically the effects of urbanization on Italian college graduates’ work possibilities as entrepreneurs …
Persistent link: https://www.econbiz.de/10003967546
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State investment in higher education : effects on human capital formation, student debt, and long-term financial outcomes of students
Chakrabarti, Rajashri; Gorton, Nicole; Lovenheim, Michael F. - 2020
Most public colleges and universities rely heavily on state financial support. As state budgets have tightened in recent decades, appropriations for higher education have declined substantially. Despite concerns expressed by policymakers and scholars that the declines in state support have...
Persistent link: https://www.econbiz.de/10012294613