education. We therefore include aggregate unemployment and an interaction term between unemployment and the individual education … to education by 0.005 percentage points. This implies that higher skilled employees are better sheltered from labour … regional unemployment can in addition almost fully explain the observed large differences in regional returns to education. We …

Using information on family background, we estimate returns to education, allowing for the heterogeneity of returns. In … earn lower wages, but have higher returns to education. This supports the view that persons from less-educated backgrounds …

Using a Mincer-type wage function, we estimate cohort effects in the returns to education for West German workers born … sector, the returns to a further year of post-compulsory education fell from twelve per cent for the 1945-49 cohort to about … seven per cent for those born in the early 1970s. Cohort effects in men's returns to education are less obvious, but we do …

This paper analyses the determinants of participation in higher education in West Germany. In particular, the role of … social origin as well as of expectations regarding the labour market outcome of a higher education degree and of public … basis of GSOEP and regional data. The results show that the probability of enrolment in higher education is mainly …

The paper examines the evolution of returns to education in the West German labour market over the last two decades … heterogeneous returns we apply two estimation methods: Wooldridge's (2004) approach that relies on conditional mean independence and … GSOEP, we find that both approaches produce estimates of average returns to education that decrease until the late 1990s and …