Applying a differences-in-differences strategy, I study the decentralization of university admission as a natural experiment. Is the centralized or decentralized procedure better suited to match prospective students to universities? The analysis uses administrative data on all students within...

This paper analyzes how high-ability students respond to different indicators of university quality when applying for a university. Are prospective students influenced by quality indicators of a university ranking or by an excellence status awarded within a nationwide competition? And if so, are...

Our paper analyzes the impact of the introduction of a home care allowance for children between 13 and 36 months of age and explicitly takes the expansion of publicly funded day care into account. We use the German Socio-Economic Panel (SOEP) to estimate a structural model in which parents...

Human capital contracts give private investors the right to share of students' future earnings in return for a financial contribution during their studies. Although still rarely used, human capital contracts could not only help to completement limited public funding for higher education but...

When estimating the determinants of child care participation, the simultaneity in mothers' decision to work and in the decision to use child care is a major challenge. In this study, we provide evidence on the determinants of institutional child care use accounting for the endogeneity of...

When estimating the determinants of child care participation, the simultaneity in mothers' decision to work and in the decision to use child care is a major challenge. We provide first evidence on the determinants of institutional child care use addressing the endogeneity of mothers' labor...

The present paper examines the wage effects of continuous training programs usingindividual-level data from the German Socio Economic Panel (GSOEP). In order to accountfor selectivity in training participation we estimate average treatment effects (ATE and ATT)of general and firm-specific...

With regard to the demographic development, training an aging workforce becomes a challenge for most companies in the next years. As employees but also suppliers and customers will constantly grow older, skilled and experienced employees are a valuable resource. In this paper we analyze the...