In many poor countries with high emigration rates elderly people are left behind without care when their children migrate. Without a functioning market in private care migrants face a difficult trade-off between working their way out of poverty and providing informal care once their parents...

This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After eliminating time-invariant unobserved heterogeneity and other confounding factors, sizable returns of about 10 percent to applying fluent English skills are found. Returns to...

In many poor countries with high emigration rates elderly people are left behind without care when their children migrate. Without a functioning market in private care migrants face a difficult trade-off between working their way out of poverty and providing informal care once their parents...

Educational outcomes of children are highly dependent on household and school-level inputs. In poor countries remittances from migrants can provide additional funds for the education of the left behind. At the same time the absence of migrant parents can affect families' time allocation towards...

Educational outcomes of children are highly dependent on household and school-level inputs. In poor countries, remittances from migrants can provide additional funds for the education of the left behind. At the same time the absence of migrant parents can affect families' time allocation towards...

We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of...

We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI – provided that residents of...

Improved living conditions in Africa would lessen migratory pressure on Europe. The scope of Germany‘s "Marshall Plan with Africa" is too narrow; progress can only be made if Europe works together. A financial system that reaches as many people as possible could be one key to future...

Die Grundstoffindustrie wie Stahl- und Zementherstellung verursacht rund ein Viertel der weltweiten CO2-Emissionen. Europäischer Emissionshandel kann eine wichtige Rolle für die Stärkung von Innovation und Investition in klimafreundliche Technologien einnehmen. Umfassende Ausnahmeregelungen...