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This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health. The model is estimated for prime age males using the...
Persistent link: https://www.econbiz.de/10011601050
This paper is the first to analyze intergenerational economic mobility based on sibling correlations in permanent earnings in Germany and to provide a cross-country comparison of Germany, Denmark, and the US. The main findings are as follows: the importance of family and community background in...
Persistent link: https://www.econbiz.de/10011601007
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...
Persistent link: https://www.econbiz.de/10011601037
Persistent link: https://www.econbiz.de/10011475521
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, zumindest in den USA, auf der Firmenebene gelöst wurde, bleiben noch einige Unklarheiten auf den Ebenen von Branchen- und … Arbeitsproduktivität durch Vergleiche von entsprechenden Stichproben im Banken- und Hotelgewerbe in den USA, Deutschland und England. In …
Persistent link: https://www.econbiz.de/10010377492
compares pathways into self-employment among men and women in the United States and Western Germany. Academic and vocational … credentials are more important for stabilizing self-employment in the United States than in Germany, where the lack of credentials … is a significant deterrent to self-employment entry. Intergenerational transmission of self-employment is more prominent …
Persistent link: https://www.econbiz.de/10010377501
This paper explores the links between individuals' early career experiences and their labor market outcomes 5 to 20 years later using data from France, (western) Germany, and the United States. Relative to most of the literature, we consider a large set of measures of men's early career...
Persistent link: https://www.econbiz.de/10010377502
This paper examines the similarity in the association between earnings of sons and fathers in Germany and the United States. It relaxes the log-linear functional form imposed in most studies of the intergenerational earnings association. Theory implies the relationship between earnings of...
Persistent link: https://www.econbiz.de/10010377505