In Germany, the skill structure of wages remained stable in the last two decades while employment of the low skilled deteriorated considerably relative to employment of the high skilled. This paper analyses the impact of technical progress on the skill structure of employment and wages by means...

Data collecting institutions use a large range of masking procedures in order to protect data against disclosure. Generally, a masking procedure can be regarded as a kind of data filter that transforms the true data generating process. Such a transformation severely affects the quality of the...

This paper reinterprets Maganelli’s (2009) idea of “Forecasting with Judgment” to obtain a dynamic algorithm for combining survey expectations data and time series models for macroeconomic forecasting. Existing combination approaches typically obtain combined forecasts by linearly...

This paper surveys the empirical evidence on casual effects of education on earnings for Germany and compares alternatie studies in the light of their underlying identifying assumptions. We work out the different assumptions taken by various studies, which lead to rather different...