Erwerbsunterbrechungen führen langfristig zu geringeren Einkommen. Eine einjährige Erwerbspause vermindert das durch die Berufserfahrung erworbene Humankapital um 33 %. Die daraus resultierenden Lohneinbußen hängen jedoch nicht nur von der Dauer, sondern auch vom Timing der Unterbrechung ab.

With flexible work time arrangements firms can quickly adjust to demand fluctuations, while employees may benefit from more time sovereignty. Depending on the specific type of arrangement the accompanying wage effects are ambiguous and have rarely been analyzed. According to the theory of...

This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...

This paper compares predictions obtained for the analysis of tax reforms with collective and unitary models of household labour supply and consumption behaviour. We simulate real world microdata by means of a collective approach, using a compound procedure of estimation and calibration based on...

Discontinuities in the employment profile are supposed to cause wage cuts since they imply an interruption in the accumulation of human capital as well as a depreciation of the human capital stock built up in the past. In this paper, we estimate the return to effective experience, taking into...