In this paper we analyze investments in human capital assets in a way which is standard for financial assets, but not (yet) for human capital assets. We study mean-variance plots of human capital assets. We compare the properties of human capital returns using a performance measure and by using...

In this paper, we employ register data for eight cohorts of second-generation immigrant pupils to identify the impact of each parent's years since migration on their children's school achievements. We exploit local variation in years since migration and within-family variation. We find evidence...

We are the first to investigate longer-term effects of pharmacological treatment of ADHD on children's health. We rely on a difference-in-differences strategy while exploiting Danish register-based panel data for children born in 1990-1999. We study effects of treatment initiated between ages...

Bullying is a widespread social phenomenon. We show that both children who are being bullied and children who bully suffer in terms of long-term outcomes. We rely on rich survey and register-based data for children born in a region of Denmark during 1990-1992, which allows us to carefully...

Standard economic models which focus on pecuniary payoffs cannot explain why there arehighly able individuals who choose careers with low pecuniary returns. Therefore, financialincentives are unlikely to be effective in influencing career choices of these individuals.Based on Akerlof and Kranton...

data sets covering the population of immigrants and 10% of the Danish population during 1984-1995. Wages and employment probabilities are estimated jointly in a random effects model which corrects for unobserved cohort and individual effects and panel selectivity due to missing wage information....

Due to failed integration of immigrants from less developed countries (LDCs), and due to an increasing number of second generation immigrants from these countries, focus needs to be changed from mere integration to integration across generations. Studying the second generation of immigrants from...