This paper analyzes savings and asset holdings of immigrants in relation to their return plans. We argue that savings and asset accumulation may be affected by return plans of immigrants. Further, the way savings and assets are held in the home- and host country may also be related to future...

This paper studies parental investment in education and intergenerational earnings mobility for father-son pairs with native and foreign born fathers. We illustrate within a simple model that for immigrants, investment in their children is related to their return migration probability. In our...

We analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a...

We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and...

This paper investigates the intergenerational transmission of language capital amongst immigrants, and the effect of language deficiencies on the economic performance of second generation immigrants. Using a long panel that oversamples immigrants, we can follow their children after they have...

This paper contrasts labour participation behaviour and wages of native and immigrant women. Since the impact of family structure on labor supply differs between natives and immigrants, we explicitly distinguish between part-time and full-time jobs. The choice of jobs is accounted for by an...