Volunteering is a dominant social force that signals a healthy state. However, although the literature on volunteering is extensive, knowledge on how life's discontinuities (life event shocks) affect volunteering is limited because most studies work with static (cross-sectional) data. To reduce...

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs...

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs...