This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a health process, the interaction between health and employment...

Changing employment conditions lead to new chances, but also new risks for employees. In the literature, increasing permeability between occupational and private life is discussed as one special outcome of this development that employees must face, especially those in highly qualified positions....

We study whether raising instructional time can crowd out student pro-social behaviour. To this end, we exploit a large educational reform in Germany that has raised weekly instructional time for high school students by 12.5% as a quasi-natural experiment. We find that this rise has a negative...

We investigate the causal effect of age at migration on subsequent educational attainment in the destination country. To identify the causal effect we compare the educational attainment of siblings at age 21, exploiting the fact that they typically migrate at different ages within a given...

This paper evaluates the impact of a massive expansion of after-school programs (ASPs) on the labor market participation of mothers with primary school children in the West German context of relatively low full-time employment rates. Using an instrumental variables approach we exploit regional...

This study considers life satisfaction in relation to the empty nest syndrome, which is a situation where there are feelings of loss or loneliness for mothers and/or fathers following the departure of the last child from the parental home. In particular, the investigation considers the...

This paper uses information on the legal status upon arrival to study long-term labor market effects, whereas selection and potential outmigration are taken into account by a large set of methods. I find that immigrants arrived with a job commitment in Germany achieve a long-term income...

A common assumption in the optimal taxation literature is that the social planner maximizes a welfarist social welfare function with weights decreasing with income. However, high transfer withdrawal rates in many countries imply very low weights for the working poor in practice. We reconcile...

Many governments invest substantial public funds to foster early childhood education. And yet, there are still many open questions who responds to and who benefits from public investments into early childcare. We use the introduction of free public daycare in German states to analyze its effects...

A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter-cyclical pattern is examined by separating business creation into two components: “opportunity” and “necessity” entrepreneurship. Although there is general agreement in the...