, specifically their educational improvement in comparison to their parents' level of education. Next, the estimates are compared …

The paper investigates determinants of formal and non-formal continuous vocational training and its income effects … on income are rather small or equal to zero with the self-employed and rather high among employed workers, both in the … group of trainees and non-trainees. Non-formal training has a non-zero effect on income as well. The determinants of income …

The paper studies the power of educational investments in relation to transfers for fostering lifetime income and for … reducing income inequality in Germany. The welfare analysis is based on a model of age-dependent human capital accumulation … transition until 2080. If policy aims at reducing the inequality of lifetime income among people of the same generation …

better at graduating more-prepared students while other institutions are better at graduating less-prepared students and that … 209 led to a more efficient sorting of minority students, explaining 18% of the graduation rate increase in our preferred … specification. Further, there appears to have been behavioral responses to Prop 209, by universities and/or students, that explain …

, graduation rates of minorities increased by 4.4%. We characterize conditions required for better matching of students to campuses … graduation gains experienced by less-prepared students. At the same time, better matching only explains about 20% of the overall … graduation rate increase. Changes after Prop 209 in the selectivity of enrolled students explains 34-50% of the increase. Finally …