At the age of ten German pupils are given a secondary school track recommendation which largely determines the actual track choice. Track choice has major effects on the life course, mainly through labor market outcomes. Using data from the German PISA extension study, we analyze the effect of...

Applying the theory of yardstick competition to the schooling system, we show that it is optimal to have central tests of student achievement and to engage in benchmarking because it raises the quality of teaching. This is true even if teachers’ pay (defined in monetary terms) is not...

This paper uses data from SHARE 2004 to analyze one possible causal pathway of the health-wealth gradient, namely differences in the marginal propensity to save and spend across different health states. Conditional on age and current wealth, I find weak relationships between health and the...

Germans retire early. On the one hand, early retirement is very costly and amplifies the burden which the German public pension system has to carry due to population aging. On the other hand, however, early retirement is also seen as a much appreciated social achievement which increases the...

In diesem Beitrag wird die Leistungsfähigkeit ökonomischer Modelle privater Transfers bei der Prognose des Erbschaftsverhaltens untersucht und es werden einige alternative Erklärungen in Ansätzen vorgestellt. Das theoretische Verständnis privater intergenerativer Transfers beruht zu großen...

The paper studies the relationship between self-assessed health and subsequent mortality in the German Socio-Economic Panel. Specifically, I examine whether socio-economic characteristics of respondents have an effect on mortality, conditional on self-assessed health. Such conditional effects...

In diesem Beitrag schätzen wir mit Daten des SOEP die Rendite beruflicher Weiterbildung "on the job" für westdeutsche Arbeitnehmer in den Jahren 1984-2000. Um der Möglichkeit einer nicht zufälligen Teilnahme an beruflicher Weiterbildung Rechnung zu tragen, verfolgen wir verschiedene...

The paper studies the relevance of gender ideology for the geographic mobility of families using data from the German Socio-economic Panel. The analysis proceeds in two steps. First, it is shown single men and women – who are in some sense "unconstrained" optimizers – reveal...

Education is arguably the most important correlate of health We study education-related inequality in the physical of older adults across 11 European countries and the US. Combining data from HRS 2002, ELSA 2002 and SHARE 2004, our results suggest that education is strongly correlated with...