We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools. We argue that classes within primary schools are formed roughly randomly with respect to family background. Similar to previous studies, we find sizeable...

Um die fiskalische Nachhaltigkeit der Politik bzw. einzelner Reformmaßnahmen zu messen, hat die Wirtschaftswissenschaft in den letzten Jahren mehrere Instrumente eingeführt. Hierzu zählt auch die Generationenbilanz, die Anfang der 1990er-Jahre in den USA entwickelt wurde. Der vorliegende...

The life span between the mid-twenties and the late thirties is characterised by multiple demands. In recent years, the expression 'rush hour of life' has been used to describe periods of time when conflicting demands are felt most acutely, in particular related to family formation and fertility.

This paper considers the education of the labour force based on an analysis of trends in and the relationships between job polarization and skills mismatch. Both job polarization and skills mismatch have become topics of increasing interest, but relationships between the two have been relatively...

In an age when there is considerable focus on the needs and rights of children, it is perhaps a little surprising that parental income still mostly determines the standard of living that children enjoy. This has important implications, not just in terms of overall levels of welfare for children,...