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This paper analyzes the effect of educational mismatch on wages in Germany, using data from the German Socio-Economic Panel. Educational mismatch has been discussed extensively, mostly by applying OLS wage regressions which are prone to an unobserved heterogeneity bias. This problem is...
Persistent link: https://www.econbiz.de/10010317549
Transfersystems fiskalische und individuelle Nettoerträge und Renditen von Bildungsinvestitionen für junge Erwachsene bezogen auf das …
Persistent link: https://www.econbiz.de/10011985357
We provide the first joint evidence on the relationship between individuals' cognitive abilities, their personality and earnings for Germany. Using data from the German Socio-Economic Panel Study, we employ scores from an ultra-short IQ-test and a set of measures of personality traits, namely...
Persistent link: https://www.econbiz.de/10011600769
Looking at smoking-behavior it can be shown that there are differences concerning the time-preference-rate. Therefore this has an effect on the optimal schooling decision in the way that we assume a lower average human capital level for smokers. According to a higher time-preference-rate we...
Persistent link: https://www.econbiz.de/10011601062
In this paper I investigate the causal returns to education for different educational groups in Germany by employing a new method by Klein and Vella (2010) that bases identification on the presence of conditional heteroskedasticity. Compared to IV methods, key advantages of this approach are...
Persistent link: https://www.econbiz.de/10010283274
This paper analyzes the effect of educational mismatch on wages in Germany, using data from the German Socio-Economic Panel. Educational mismatch has been discussed extensively, mostly by applying OLS wage regressions which are prone to an unobserved heterogeneity bias. This problem is...
Persistent link: https://www.econbiz.de/10010896256
We provide the first joint evidence on the relationship between individuals' cognitive abilities, their personality and earnings for Germany. Using data from the German Socio-Economic Panel Study, we employ scores from an ultra-short IQ-test and a set of measures of personality traits, namely...
Persistent link: https://www.econbiz.de/10005018738
In this paper I investigate the causal returns to education for different educational groups in Germany by employing a new method by Klein and Vella (2010) that bases identification on the presence of conditional heteroskedasticity. Compared to IV methods, key advantages of this approach are...
Persistent link: https://www.econbiz.de/10010556270
Looking at smoking-behavior it can be shown that there are differences concerning the time-preference-rate. Therefore this has an effect on the optimal schooling decision in the way that we assume a lower average human capital level for smokers. According to a higher time-preference-rate we...
Persistent link: https://www.econbiz.de/10009399843
Einkommen determiniert. Neben der Darlegung theoretischer und ökonometrischer Konzepte wird für die Jahre 2001 und 2005 für die … Hintergrunds über kulturelles und soziales Kapital auf das Einkommen herausarbeitet. Es zeigt sich, dass der soziale Hintergrund … mittelbar, über das erreichte Bildungsniveau, das Einkommen eines Menschen bestimmt. Die Bildung eines Individuums hängt dabei …
Persistent link: https://www.econbiz.de/10011600773