Immigrants consist of foreigners and citizens with migration background. We analyze the wage gap between natives and these two groups in Germany. The estimates show a substantial gap for both groups with respect to natives. Discarding immigrants who completed education abroad reduces much of the...

There is an increasing economic literature considering personality. This paper provides an overview on the role of these skills regarding three main aspects of economic analysis: measurement, theoretical modeling, and empirical estimates. Based on the relevant literature from different...

Language ability may not only affect the earnings of the individual, but the participation to participate in the labor market or becoming employed as well. It may also affect selection of people into economic sectors and occupation. In this paper the effects of language ability on earnings are...

Das vorliegende Papier gibt einen Überblick über das zusätzliche Bildungsangebot im Land Sachsen-Anhalt. Als zusätzlich werden dabei solche Ma_nahmen und Programme verstanden, die neben dem Regelschul-, Ausbildungs- und Studiensystem auf Initiative unterschiedlicher Akteure eingerichtet...

Dieses Papier beschreibt die Qualifikation der Bevölkerung sowie den Bestand kognitiver und nicht-kognitiver Fähigkeiten in Sachsen-Anhalt im Vergleich zu anderen ausgewählten Bundesländern. Grundlage der Untersuchung sind Daten aus dem Mikrozensus und dem Sozio- Ökonomischen Panel....

Small monopoly trade unions decide upon the wage rate per hour and the hours of work subject to firm's demand for union members. Since the resulting Nash equilibrium is characterized by excess unemployment, we study the employment and welfare effects when trade unions try to coordinate their...

Experimental economists have discovered various violations of expected utility theory and offered alternative models that can explain laboratory results. This study discovers a new violation in risky choices that cannot be explained by theories like Prospect Theory, Disappoint- ment or Regret...

The use of screening contracts is a common approach to solve supply chain coordination problems under asymmetric information. One major assumption in this context is that subjects will rather use their private information strategically than to reveal them truthfully, if they do not get any...

This paper deals with credit market imperfections and idiosyncratic risks in a two–sector heterogeneous agent dynamic general equilibrium model of occupational choice. We focus especially on the effects of tightening financial constraints on macroeconomic performance, entrepreneurial...