Die Akademisierung nach der Jahrtausendwende hat hohe Wellen in Politik und Wirtschaft geschlagen. Schlagworte wie "Akademikerwahn" machten die Runde. Vielfach gab es die Befürchtung, dass die Hochschulen am Bedarf von Gesellschaft und Wirtschaft vorbei ausbilden mit der Folge vermehrter...

The aim of the paper is to prove a hypothesis concerning the dependence of the political polarisation of the European Union on recent developments in labour market structure. The labour market is undergoing changes that stem from technological progress as well as outsourcing of low-skill...

Converging labor market opportunities of men and women have altered the economic incentives for how families invest monetary and time resources into the skill development of their children. In this paper, I study the causal impact of changes in the parental wage gap (PWG)—defined as the...

Technological change was unskilled-labor-biased during the early Industrial Revolution, but is skill-biased today. This is not embedded in extant unified growth models. We develop a model which can endogenously account for these facts, where factor bias reflects profit-maximizing decisions by...