The demographic problems in developed countries are getting more and more important. Very low fertility rates especially among skilled individuals will soon become relevant for a country's economy. Also of importance is education of children. Since there is an increasing demand for skilled...

Unlike physical capital, human capital has both embodied and disembodied dimensions. It can be perceived of as skill and acquired knowledge, but also as knowledge spillover effects between overlapping generations and across different skill groups within and across countries. We illustrate the...

This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from high-skilled workers. We use a smoothing splines estimator to model the spatial distribution of high-skilled workers as continuous curves. Our rich panel data allows us to address...

Financial literacy levels are the focus of increasing concern around the world. One way in which financial literacy is gained is via intergenerational transfer from one's parents and grandparents, but it is unknown to what extent this is occurring. This paper reports the results of a series of...