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Apprenticeship, Vocational Training and Early Labor Market Outcomes - in East and West Germany

Riphahn, Regina T.; Zibrowius, Michael - CESifo - 2015

We study the returns to apprenticeship and vocational training for three early labor market outcomes all measured at age 25 for East and West German youths: non-employment (i.e., unemployment or out of the labor force), permanent fulltime employment, and wages. We find strong positive effects of...

Persistent link: https://www.econbiz.de/10011205375

Estimating the Influence of Life Satisfaction and Positive Affect on Later Income Using Sibling Fixed-Effects

Neve, Jan-Emmanuel De; Oswald, Andrew J. - CESifo - 2012

The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person’s well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …

Persistent link: https://www.econbiz.de/10010595387

The Devil is in the Shadow – Do Institutions Affect Income and Productivity or only Official Income and Official Productivity?

Dreher, Axel; Méon, Pierre-Guillaume; Schneider, Friedrich - CESifo - 2007

This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...

Persistent link: https://www.econbiz.de/10005094186