Labor market policies succeed or fail at least in part depending on how well they reflect or account for behavioral responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about behavior, have consequences for the design and...

Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over 2 years, we show that workers tend to systematically and persistently overpredict their productivity. If workers are overconfident about their own productivity at the current firm relative to...

Flexible work time and retirement options are a potential solution for the challenges of unemployment, aging populations, and unsustainable pensions systems around the world. Voluntary part-time workers in Europe and the US are happier, experience less stress and anger, and are more satisfied...

This paper studies gender differences in performance in a male‐dominated competitive environment chess tournaments. We find that the gender composition of chess games affects the behaviors of both men and women in ways that worsen the outcomes for women. Using a unique measure of within‐game...

The main goal of secondary school education in developed countries is to prepare students for higher education and the labor market. That demands high investments in study duration and specialized fields to meet rising skill requirements. However, these demands for more education are in...

Auch wenn in den vergangenen Jahren die Anzahl der Studierenden im ersten Semester immer mehr angestiegen ist, bleiben sozioökonomische Unterschiede ein Thema beim Übergang in die Hochschule: Studienberechtigte, deren Eltern kein Studium abgeschlossen haben, beginnen seltener ein Studium als...

Die Entscheidung für oder gegen ein Studium hängt in Deutschland nach wie vor von sozioökonomischen Merkmalen ab. Dazu zählen etwa die Bildung der Eltern oder das Einkommen des Haushalts, in dem Abiturientinnen und Abiturienten aufgewachsen sind. Bisher eher unbeachtet blieb die Frage,...