We use data from the National Longitudinal Study of Adolescent to Adult Health to investigate the association between having acne in middle to high school and subsequent educational and labor market outcomes. We find that having acne is strongly positively associated with overall grade point...

In der wissenschaftlichen Literatur standen bis dato die Implikationen des demografischen Wandels für die Sozialversicherungen im Fokus. Die Arbeitsmarkteffekte sind bisher nur höchst unzureichend analysiert worden. Die Arbeit stößt in diese Lücke und liefert wichtige und neue Einsichten in...

"Human capital theory, or the notion that there is a direct relationship between educational investment and prosperity, has governed Western approaches to education and labor for the past fifty years. However, many degree recipients have experienced the opposite. This book demonstrates that the...