This paper investigates how changing the length of school year, leaving the basic curriculum unchanged, affects learning and subsequent earnings. I use variation introduced by the West-German short school years in 1966-67, which exposed some students to a total of about two thirds of a year less...

This paper compares the educational performance of the children of immigrants to the children in their parents' home countries. I utilize the 2003 and 2006 PISA internationally standardized test scores for Italian, Polish, Turkish, former Yugoslavian, and former Soviet origin youth attending...

Wirkt das Geburtsortsprinzip positiv auf die Bildungsbeteiligung und den Bildungserfolg von Immigrantenkindern? Seit der Reform des deutschen Staatsangehörigkeitsrechts im Jahr 2000 können Kinder ausländischer in Deutschland lebender Eltern unter bestimmten Voraussetzungen die deutsche...

This paper analyses the effects of education signals for Ethnic Germans and Germans without a migration background (Native Germans"). We base our analysis on a sorting model with productivity enhancing effects of education. We compare whether the signalling value differs between the migrants and...

We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor market experience and increase with initially...

How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment, retirement and consumption decisions of forward-looking...