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 …

Longitudinal Survey of Youths which we follow from 16 to 28. We discuss the evolution of family income and ability effects where … component correlated with family income and background variables. We find that the individual cognitive-technical ability … differential prevailing at 16 was increasing with income in the early 80's but much less so in the early 2000's. We find no …

household characteristics (especially household income). The "true'' intergenerational correlation between schooling attainments … and parents' education (after conditioning on observed and unobserved ability) is found to be quite low. Finally, our …