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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
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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