Franziska Bernadette Hampf prepared this study while she was working at the ifo Center for the Economics of Education … of Munich. It consists of four distinct empirical essays investigating various aspects of the link between education …

in post-secondary education, students must factor in their completion probability into their decision. We study the role … of this uncertainty in educational choices using students' subjective beliefs about completing a post-secondary education …, which were elicited prior to students' completing secondary education. We relate these subjective completion probabilities …

Individuals with more years of education generally acquire more training later on in life. Such a relationship may be … addresses the question whether the complementarity between education and training is causal. The identification is based on … exogenous variation in years of education due to a reform of the schooling system and the buildup of universities. Results …

Individuals with more years of education generally acquire more training later on in life. Such a relationship may be … addresses the question whether the complementarity between education and training is causal. The identification is based on … exogenous variation in years of education due to a reform of the schooling system and the buildup of universities. Results …

The outcome of pursuing an upper or post-secondary education degree is uncertain. A student might not complete a chosen … whether to invest in post-secondary education, students must factor their probability of completing the degree into their … decision. We study the role of this uncertainty in education choices using representative survey data from Germany. Students …

The outcome of pursuing an upper or post-secondary education degree is uncertain. A student might not complete a chosen … whether to invest in post-secondary education, students must factor their probability of completing the degree into their … decision. We study the role of this uncertainty in education choices using representative survey data from Germany. Students …