In an evaluation of a job-training program, the influence of the program on the individual earnings capacity is important, because it reflects the program effect on human capital. Estimating these effects is complicated because earnings are observed for employed individuals only, and employment...

In an evaluation of a job-training program, the influence of the program on the individual earnings capacity is important, because it reflects the program effect on human capital. Estimating these effects is complicated because earnings are observed for employed individuals only, and employment...

We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income distribution appears to be stratifying into a trimodal...

Verlagsinfo: Wie sieht Deutschlands Zukunft aus, wenn man sie wie die eines Unternehmens plant? Auf welche Stärken kann das Land bauen? Und was muss Deutschland heute tun, um in Zukunft erfolgreich zu sein? Die Antworten gibt der ""Geschäftsplan Deutschland"". Deutschland ist ein reiches Land;...