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News tagged with „Education“

  • 6 News

March 2015

09.03.2015 – ZEW (tgr/jpr)

Minimum Wage Reduces Returns to Education in East Germany's Craft Sector

Since January 1, 2015, a cross-sectoral minimum wage takes effect in Germany. The consequences for the labour market can be estimated only in the long term. But we can draw some conclusions having a look at already existing sectoral minimum wages. The roofing trade sector already introduced a minimum wage in October 1997, which is currently EUR 11.85. A recent ZEW study on this subject shows that the introduction of a minimum wage indeed improves the situation of low-income earners, but, at the same time, it reduces the wage of qualified skilled workers - particularly in the new German states. read more

September 2014

11.09.2014 – ZEW (fpf/ggr/jpr)

Investments in Education Are Money well Spent for the German State

German State revenues generated by taxes and duties of employees with a vocational training or a university degree are considerably higher than the public expenditures invested in their education. On average, the fiscal net revenue for the treasury per trainee throughout their entire working life totals EUR 124,000 for employees with a vocational training as compared to those without a formal education, and EUR 97,000 for employees with a university degree as compared to those with a vocational training. Therefore, education investments are money well spent for German public authorities. These are the findings of a study on returns to education investments in Germany, which was carried out by the Centre for European Economic Research (ZEW) in Mannheim and supported financially by the Federal Ministry of Education and Research (BMBF). read more

January 2012

24.01.2012 – ZEW (jhs/kbo)

Excellence Labels and University Rankings Influence University Choice Only to a Moderate Extent

The university choice of highly skilled applicants is influenced by university rankings as well as by the German quality label "University of Excellence". However, compared to other criteria, excellence and rankings play a rather minor role. The university's proximity to the parents' place of residence is still the most important factor concerning the decision for a university. This is shown by a current study of the Centre for European Economic Research (ZEW) in Mannheim funded by the German Federal Ministry of Education and Research. read more

May 2008

21.05.2008 – ZEW (fpf/ggr)

Investments in Early Childhood Education: Important Protection Against Risk of Poverty in Germany

The publication of the government's Report on Poverty and Wealth has sparked a discussion how poverty in Germany can be fought. One central element of the discussion is the demand for improvements in education for children who left school with very bad results or do not have a school certificate at all due to an unfavourable family environment or disadvantageous material conditions. Analyses conducted by the education economist Dr. Friedhelm Pfeiffer at the Centre for European Economic Research (ZEW), Mannheim, show that this approach does not reach far enough. read more

15.05.2008 – ZEW (fpf/kbo)

ZEW President Wolfgang Franz: "More Investment in Early Childhood Education"

Non-cognitive skills such as persistence when solving a problem, discipline, concentration or the capacity for motivation are relevant to success or failure at school, the vocational training or the job. The first years of life are crucial for conveying these skills. "In German society, there are numerous children who do not have the chance to fully develop their non-cognitive skills due to unfavourable family circumstances and are thus likely to encounter problems at school and, later on, at the job market. Educational expenditure needs to be re-directed in favour of higher investment in early childhood education to counteract this shortcoming, for which, otherwise, the German economy will have to pay dearly," explained Prof. Dr. Dr. h.c. mult. Wolfgang Franz, economic expert and president of the Centre for European Economic Research (ZEW), in today’s opening speech at the first conference of the research network "Non-Cognitive Skills - Acquisition and Economic Consequences", which is funded by the Leibniz Association. read more

August 2003

12.08.2003 – ZEW (cla/aam)

Practical Vocational Training: The Best Way to Guard Against Unemployment

Practical vocational training reduces the risk of unemployment to a greater extent than a university degree. A higher academic qualification is therefore not always the best way to guard against unemployment. Having said this, university graduates are quicker to find re-employment. read more


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