This dissertation is a collection of three stand-alone research papers. Myresearch since 2002 has focused on the economics of education andorganizational economics. The dissertation covers papers which link thesetwo research areas. The introduction puts the papers in a more...

The paper discusses the impact of ability grouping in secondary education on student incentives. Education provides a signal on unobservable ability for employers and improves productivity after education. Selection sets better incentives in primary education and allows for improved peer group...

This paper analyzes executive compensation in German and U.S. corporations for the period 2005-2009 including the financial crisis. We analyze the impact of stock market performance and accounting-based measures of firm performance on different compensation components. We find that only firm...

In this paper we analyze executive compensation in Germany for the period 2005-2009. We use a self-collected dataset on compensation arrangements in German corporations to estimate the impact of firm performance and firm risk on executive pay. To be in line with earlier studies in this...