In a real economy, decisions on investments in child human capital of children are made by families rather than by atomistic parents as is typically assumed in the literature. This paper incorporates family formation into an otherwise standard dynastic framework with human capital accumulation....

This paper distills and extends recent research on the economics of human development and social mobility. It summarizes the evidence from diverse literatures on the importance of early life conditions in shaping multiple life skills and the evidence on critical and sensitive investment periods...

This paper distills and extends recent research on the economics of human development and social mobility. It summarizes the evidence from diverse literatures on the importance of early life conditions in shaping multiple life skills and the evidence on critical and sensitive investment periods...

This research compares the patterns of intergenerational income mobility between fathers and sons in Germany, Italy, Great Britain and the United States. It is one of the few studies that investigates more than one dimension of mobility. It also proposes a new way to construct the mobility...

Women’s employment rates and wages are still lagging those of men across OECD countries, with average employment and wage gaps now around 15% and 12% respectively. Gaps narrowed at a relatively modest pace over the past decade, calling for further policy action. A lack of affordable...

This volume was prepared by Susanne Link during her stay at the Ludwig-Maximilians-University of Munich and the Department of Human Capital and Innovation of the Ifo Institute of Economic Research. It was accepted as a doctoral thesis by the Economics Departure of the University of Munich in...

This paper discusses the future of universities: trends that are increasingly drawing attention, and those who have yet to appear, without getting into the field of view of the majority of researchers in higher education. Debate on the future of the university is due to the emergence of new...

Countries differ in their upper secondary school systems in a way that some require their students to choose a specialization from a set of areas - typically natural sciences, economic sciences, humanities or arts - and follow that specialization for the course of their upper secondary education...