For OECD countries there is an intriguing variety of combinations between total fertility rate (TFR) and female labor force participation rate (FPR) suggesting the existence of multiple equilibria. This paper provides a differential game framework where the employment choices by husband and wife...

This paper presents a model where teacher effects on long-run outcomes reflect effects on both cognitive skills (measured by test-scores) and non-cognitive skills (measured by non-test-score outcomes). Consistent with the model, results from administrative data show that teachers have causal...

Die bundesdeutschen Fußballvereine weisen ein Umsatzvolumen auf, das dem mittelständischer Unternehmen entspricht. Gleichzeitig zeigt die hohe Verschuldung vieler Vereine, daß sie diesen Anforderungen nur unzureichend gewachsen sind. In diesem Beitrag soll anhand statistischer Auswertungen...

This paper investigates the effect of early exposure to neighborhood crime on subsequent criminal behavior of youth exploiting a unique natural experiment between 1986 and 1998 when refugee immigrants to Denmark were assigned to neighborhoods quasi-randomly. We find strong evidence that the...

This paper uses Danish register data to explain the retirement decision of workers in 1990 and 1998.Many variables might be conjectured to influence this decision such as demographic, socio-economic, financially and health related variables as well as all the same factors for the spouse in case...

This paper analyzes the trajectory of informality as it has evolved since 1950. For doing so, the analytic frame elaborated by Arthur Lewis was applied. For Lewis, the informal employment results from the incapacity of an economy, with unlimited labour supply, to absorb all the working force at...

We study the research productivity of new graduates of top Ph.D. programs in economics. We find that class rank is as important as departmental rank in predicting future research productivity. For example the best graduate from UIUC or Toronto in a given year will have roughly the same number of...

We study the research productivity of new graduates of top Ph.D. programs in economics. We find that class rank is as important as departmental rank as predictors of future research productivity. For example the best graduate from UIUC or Toronto in a given year will have roughly the same number...

Active labour market policies (ALMPs) may play an important role in preventing an increase in long-term unemployment following the Great Recession. We consider this issue for Denmark, a country relying extensively on this instrument. We present evidence on the effectiveness of ALMPs as a way of...

Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...