This paper considers the impact of tobacco consumption on wages in the UK using data from fifteen waves of the British Household Panel Survey. Considering both overall smoker status as well as the number of cigarettes consumed, we provide estimates for the smoking wage penalty using standard...

We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...

This paper examines the relationship between intra-firm wage dispersion and establishments' employment in a theoretical analysis and empirical regressions using German "Linked Employer-Employee Data from the IAB" (LIAB) for the years of 1996 through 2008. Therefore, fractional probit models for...

This paper shows that differences in various non-cognitive traits, specifically the "big fiveʺ, positive and negative reciprocity, locus of control and risk aversion, contribute to gender inequalities in wages and employment. Using the 2004 and 2005 waves of the German Socio-Economic Panel,...