We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and …

This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After … fluent English skills are found. Returns to occupational use of other foreign languages are, if anything, restricted to a few … occupations that involve international factor flows. In such occupations it is likely that migrants can apply complementary skills …

This study finds evidence of wage divergence between immigrants and natives in Germany using a country-wide household …

capital externalities incentivize individuals to invest in skills, consequently reshaping the composition of the labor force …

skills supplied to the labor market, the productivity of future cohorts, and the evolution of inequality. Unlike the USA, the … UK or Germany, Spain has experienced between 1995 and 2008 a drop in the returns to medium and tertiary education and …

Success in life increasingly depends on key skills that allow people to thrive in education, the labor market, and … creative individuals have a package of practical skills that allows them to thrive in work environments where learning from …