With increasing educational attainment in Germany, the issue of inefficient human capital allocation gains importance. Especially overeducation seems to be a problem, since more and more highly educated individuals are required to take jobs that do not match their educational level, settling for...

Incorporating family decisions in a two-period-model of the world economy, we show that trade liberalization may reduce child labour in developing countries where the initial share of skilled workers in the adult workforce – though not as large as in developed countries – is nonetheless...

Using data from the 2001 Census of Population and Housing in Australia, this paper investigates the determinants, and consequences for earnings, of computer use by both the native born and the foreign born. Focussing on the foreign born, the multivariate analyses show that recent arrivals are...

Incorporating family decisions in a two-period.model of the world economy, we predict that trade liberalization raises the skill premium and reduces child labour in developing countries where the adult labour force is sufficiently well educated to attract production activities from abroad that...

We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using the 1972 UK Raising of the School-Leaving Age (RoSLA) legislation as a natural experiment that induced a sudden, large shift in the distribution of academic qualifications in...

We study marital sorting on academic qualifications and latent ability in an equilibrium marriage market model using the 1972 UK Raising of the School-Leaving Age (RoSLA) legislation as a natural experiment that induced a sudden, large shift in the distribution of academic qualifications in...

I study the origin of people's beliefs about their own abilities, emphasizing the feedback loop between beliefs, effort, and outcomes. Consistent with the modern understanding of depression, I show that agents who are either more pessimistic about their own talent or less sure of their own...

Using data from the 2001 Census of Population and Housing in Australia, this paper investigates the determinants, and consequences for earnings, of computer use by both the native born and the foreign born. Focussing on the foreign born, the multivariate analyses show that recent arrivals are...

This paper uses seven nationally representative time use surveys in Latin America to identify key stylized facts regarding the quantity and quality of parental time investment on the skill formation of their children. Traditional models of household behavior have failed to account for the...