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Germany, as most other European countries, has been plagued by a persistently high level of long-term unemployment … level of long-term unemployment in Germany relative to the United States? …
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This paper analyses the developments in the returns to education in West Germany for the period from 1984 to 1997 …. However, the estimates proved rather robust towards the specification of the wage equation and the estimation method. …
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Using a Mincer-type wage function, we estimate cohort effects in the returns to education for West German workers born between 1925 and 1974. The main problem to be tackled in the specification is to separately identify cohort, experience, and possibly also age effects in the returns. For women,...
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