This paper examines if overreaction of oil price forecasters is related to uncertainty. Furthermore, it takes into account impacts from oil price return and oil price volatility on forecast changes. The panel smooth transition regression model from González et al. (2005) is applied with...

Die Arbeitsteilung von Müttern und Vätern in Familie und Beruf hat sich in den letzten Jahrzehnten in den meisten Ländern verschoben. Mütter gehen zunehmend einer bezahlten Erwerbstätigkeit nach, und immer mehr Väter wollen Verantwortung für Familienaufgaben übernehmen. Es stellt sich...

The study at hand pursues the following question: How are national parental leave arrangements related to fathers' participation in and time used for childcare? To answer this question, we merge data from the Multinational Time Use Study (MTUS) with national parental leave characteristics....

This paper examines the predictive power of different estimation approaches for reservation wages. It applies stochastic frontier models for employed workers and the approach from Kiefer and Neumann (1979b) for unemployed workers. Furthermore, the question of whether or not reservation wages...

Germany's occupational and sectoral change towards a knowledge-based economy calls for high returns on education. Nevertheless, female graduates are paid much less than their male counterparts. We find an overall unadjusted gender pay gap among German graduates of 27 %. This corresponds to an...

Unter deutschen Akademikern und Akademikern existiert in nennenswertem Ausmaß unterwertige Beschäftigung in Form formaler Überqualifikation für den ausgeübten Job. Rund ein Drittel der Personen beiderlei Geschlechts war im Jahr 2010, gemessen am mittleren Bildungsniveau der beruflichen...

Overeducation is an often overlooked facet of untapped human resources. But who is overeducated and why? Relying on SOEP data 1984-2011, we use probit models for estimating the likelihood of entering overeducation and dynamic mixed multinomial logit models with random effects addressing state...

Germany's occupational and sectoral change towards a knowledge-based economy calls for high returns to education. Nevertheless, female graduates are paid much less than their male counterparts. We wonder whether overeducation affects sexes differently and whether this might answer for part of...

Die Arbeitskräfte in Europa haben auf die Euro-Krise reagiert. In den vergangenen Jahren haben sich die grenzüberschreitenden Wanderungsströme erheblich verändert. Allerdings hat die gemeinsame Währung Euro der Mobilität innerhalb des Währungsraumes bisher keinen direkten und sichtbaren...

Workers in Europe have responded to the euro crisis. Cross-border migration flows have changed considerably over recent years. However, the single currency has not yet given mobility within the eurozone a direct, visible boost. Instead, the euro crisis primarily diverted the migration flows from...