This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which already starts as early as two years before...

This paper evaluates the effects of a high school curriculum reform on students' probability to enroll at university and to choose Science, Technology, Engineering or Mathematics (STEM) as college major. The reform that was introduced in one German state increased the degree of difficulty to...

This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random...

This paper addresses the question to which extent the complementarity between education and training can be attributed to differences in observable characteristics, i.e. to individual, job and firm specific characteristics. The novelty of this paper is to analyze previously unconsidered...

Die Gesellschaft Deutschlands befindet sich nicht zuletzt aufgrund des technologischen Wandels, einer stetig zunehmenden Internationalisierung und demographischer Veränderungen bereits seit den siebziger Jahren auf dem Weg in eine wissensbasierte Dienstleistungsgesellschaft. Zu diesem Wandel,...

Der Bericht fasst die Aktivitäten des Projektteams während der dreijährigen Laufzeit von 2007 bis 2009 des Projekts WeLL ('Berufliche Weiterbildung als Bestandteil Lebenslangen Lernens') zusammen. Insbesondere werden die im Rahmen des Projekts erhobenen Daten und deren Nutzungsmöglichkeiten...

Using data on German university graduates, this paper analyzes wage differentials by field of study at labor market entry and five to six years later. At both points in time, graduates from Arts and Humanities have lower average monthly wages compared to other fields of study. Blinder-Oaxaca...

Using data from the German Socio-Economic Panel (GSOEP), this paper analyzes the relationship between training and job satisfaction focusing in particular on gender differences. Controlling for a variety of socio-demographic, job and firm characteristics, we find a difference between males and...

This paper investigates how to test and correct for nonresponse selection bias induced by missing income information when estimating wage functions. The novelty is to use the variation in interviewer-specific response rates as exclusion restriction within the framework of a sample selection model.

This paper addresses the question to which extent the complementarity between education and training can be attributed to differences in observable characteristics, i.e. to individual, job and firm specific characteristics. The novelty of this paper is to analyze previously unconsidered...