So wie die Währung im Wirtschaftssystem die Funktion eines "Wertmaßstabes" innehat, können einheitliche Leistungsüberprüfungen im Schulsystem als Bewertungsmaßstab fungieren, der zur Überwindung von Informationsasymmetrien beiträgt und opportunistisches Verhalten dezentraler...

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...

In this paper, I use data from the German Socio-Economic Panel (GSOEP) to investigate whether and how a German youth' s choice of secondary school (Hauptschule, Realschule, Gymnasium) varies with the timing and duration of poverty experienced in childhood. To investigate what role the timing of...