We reexamine the claim that the effect of income on subjective well-being suffers from a systematic downward bias if one ignores that higher income is typically associated with more work effort. We analyze this claim using German panel data, controlling for individual unobserved heterogeneity,...

Nach Daten des Instituts für Arbeitsmarkt- und Berufsforschung (IAB) hat 2011 nur jeder zweite Betrieb Weiterbildungsmaßnahmen zeitlich oder finanziell gefördert. Die Weiterbildungsquote der Beschäftigten lag bei weniger als einem Drittel. Bestimmte Gruppen, wie gering qualifizierte oder...

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)...

This paper provides empirical evidence on both the magnitude and determinants of unfilled positions for information technology workers using cross-sectional data on 4150 German firms. Vacancies are defined as unfilled positions excluding those created by replacement needs during the first half...