This paper studies the causal effects of graduating from university with an honors degree on subsequent labor market outcomes. While a rich body of literature has focused on estimating returns to human capital, few studies have analyzed returns at the very top of the education distribution. We...

Das Projekt erarbeitete eine Bestandsaufnahme und kritische Diskussion gängiger Bildungsindikatoren im internationalen Vergleich aus interdisziplinärer und bildungsökonomischer Sicht. Im Fokus standen OECD-Indikatoren zu Bildungsabschlüssen, zu Schüler- und Erwachsenenkompetenzen (PISA,...

This paper investigates the transferability of human capital across countries and the contribution of imperfect human capital portability to the explanation of the immigrant-native wage gap. Using data for West Germany, our results reveal that, overall, education and labor market experience...

This paper studies the effect of attending a high-quality secondary school on subsequent educational outcomes. The analysis is based on data from the German Socio-Economic Panel Study in which we observe children when they make their secondary school choice (between ages 10-12) and later when...

This paper analyses the causal effects of educational mismatch on wages, individual health and job satisfaction. As educational mismatch is subject to unobserved heterogeneity in all of these fields, different identification strategies are applied to derive causal effects. In the wage...

We analyze the causal effect of education on old-age cognitive abilities using German Socio-Economic Panel (SOEP) data and regional variation in mandatory years of schooling and the supply of schools. Our outcome variable is the score an individual reaches in an ultra-short intelligence test. We...

Der vorliegende AMS report 57 beinhaltet Beiträge anläßlich der von der Abteilung Arbeitsmarktforschung und Berufsinformation des AMS Österreich veranstalteten Fachtagung "Perspektiven der Beschäftigung von HochschulabsolventInnen: Schlußfolgerungen für die Studien- und Berufsberatung"....

We assess the relevance of formal education on the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...