Th is paper investigates whether risk aversion and impatience are correlated withcognitive ability. We conduct incentive compatible choice experiments measuringrisk aversion, and impatience over an annual time horizon, for a representative sampleof roughly 1,000 German adults. A measure of...

Using microdata for 35 countries over the period 1985-1994-2002 we find thatlabor market institutions traditionally associated to more compressed wagestructures are associated to a higher family gap. Our results indicate that thesepolicies reduce the price effect of having children but aggravate...

The aim of this paper is to examine the coherence between and within functional as well as administrative regions in a labour market context. The larger the coherence of the local labour markets within the delimited regions, the larger the heterogeneity between the delimited regions is expected...

Skill-biased technical change is usually interpreted in terms of the efficiency parameters of skilled and unskilled labor. This implies that the relative productivity of skilled workers changes proportionally in all tasks. In contrast, we argue that technical changes also affect the curvature of...

For the growing group of flexible workers, further investments in their human capital are even more important than for employees with permanent contracts, because the labour market position of flexible workers is continuously at risk. In this paper, we analyse the participation rate of flexible...

We analyze whether lower investments in human capital of part-time workers are due to workers’ characteristics or human resource practices of the firm. We focus on investments in both formal training and informal learning. Using the Dutch Life-Long-Learning Survey 2007, we find that part-time...

In this paper, we analyse to what extent the quality of the jobs of low-skilled young workers is affected by the labour market structure in various European countries. We focus on the differences between countries in which internal labour markets (ILM) are prevalent and countries in which...