Gregariousness is an important aspect of human life with implications for labour market outcomes. The paper examines, to the best of our knowledge for the first time for Germany, gregariousness and social interaction at the workplace and associated wage differentials. Our empirical findings with...

Vertrauen ist in den letzten Jahren zu einem ambivalenten Schlüsselbegriff geworden, der in Debatten um den vermeintlichen Vertrauensverlust im öffentlichen Leben wie gegenüber Politikern und Institutionen aufgegriffen wird. Der Begriff wird auch als Ursache für die Krise auf den globalen...

Gewalttätige Konflikte sind vor allem in notleidenden Regionen der Welt verbreitet, es ist aber wenig darüber bekannt, wie die Wirklichkeit der betroffenen Menschen aussieht und welche Entscheidungen sie zu fällen haben. In diesem Bericht untersuchen wir, wie Individuen während des...

Many studies have documented a negative association between macroeconomic indicators and fertility in times of economic crisis. These studies are based on research designs that do not allow for excluding that the observed association is driven by confounders. The aim of the present paper is to...

This paper estimates the association of demographic and educational changes with earnings and returns to schooling of male workers in Brazil and Mexico. Our analysis takes into account demographic, educational, and economic variations within each country over time, using Demographic Censuses...

This paper aims to address the issue of public pension reforms under demographic ageing that is likely to occur in Europe over the next 50 years. Three possible scenarios are analysed in a Blanchard OLG framework. These include: i) a decrease both in public pensions and the lump sum labour...

The aim of this report, which has been prepared by a Task Force of the Monetary Policy Committee of the Eurosystem, is to describe and analyse the main developments in labour supply and its determinants in the euro area, review the links between labour supply and labour market institutions,...

This paper analyses the challenges that high public debt and ageing populations pose to medium-term growth. First, macroeconometric model simulations suggest that medium-term growth can benefit from credible fiscal consolidation, partly through reductions in sovereign risk premia. Second, a...

Family Rewards represents the first test of a Conditional Cash Transfer (CCT) program in the U.S., offering families incentives for children's education, family preventive health care and parents' work and training. Using a randomized controlled trial, we find that the program led to substantial...

This paper presents findings from the multi-year, random assignment study of the National Guard Youth ChalleNGe Program (NGYCP), an intensive residential program for high school dropouts. The "second chance" program gives youth an opportunity to earn a high school credential and prepare to enter...