Using information on family background, we estimate returns to education, allowing for the heterogeneity of returns. In … the substantial political efforts to equalize educational opportunities in Germany. Persons with less-educated parents … earn lower wages, but have higher returns to education. This supports the view that persons from less-educated backgrounds …

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial … are more likely to invest in the stock market. However, little is known about whether this is a causal effect of education … or whether it arises from the correlation of education with unobserved characteristics. Using exogenous variation in …

longer unemployment duration of workers below median age (33) in our sample, even after including a rich set of controls. We …

(overpredict) the share of high-skilled (low-skilled) for the oldest age groups. Comparing our imputed education variable with … different procedures for imputing the pre-unification education variable in the BASiD data. To do so, we exploit information on … education-related periods that are creditable for the Pension Insurance. Combining these periods with information on the …

This paper makes use of the regional variation in schooling legislation within the German secondary education system to …

examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a … unemployed, they are better in France than in West-Germany at all education levels, but particularly for the unemployed with a … higher risk of entering unemployment whereas the risk, when unemployed, of not getting reemployed is lower than in Germany …

We investigate the causal effect of age at migration on subsequent educational attainment in the destination country …. To identify the causal effect we compare the educational attainment of siblings at age 21, exploiting the fact that they … typically migrate at different ages within a given family. We consider several education outcomes conditional on family fixed …

We investigate the causal effect of age at migration on subsequent educational attainment in the destination country …. To identify the causal effect we compare the educational attainment of siblings at age 21, exploiting the fact that they … typically migrate at different ages within a given family. We consider several education outcomes conditional on family fixed …

Italian Embassy in Germany. Although we confirm substantial inequality of educational achievements between immigrants and …