In dieser Arbeit werden anhand einer spezifischen Datenerhebung im Rahmen des Sozio-oekonomischen Panels (SOEP) mögliche Determinanten des Belohnungsaufschubs im Alter von fünf bis sechs Jahren untersucht (im…
It is a well-known fact that the level of parents' education is strongly correlated with the educational achievement of their children. This effect is more robust than that of any school or institutional…
In this paper I test the prediction that the reference standard for income comparisons increases in a person's productive ability, which is proxied for by education. The prediction is derived from a model by…
There is a large literature on the costs and benefits of immigration within a given system of social security. More recently, economists have begun to address a related question: does immigration and, more…
Germany still has a generous pay-as-you-go public pension insurance with high effective replacement rates and low effective retirement ages. Nevertheless, through a long reform process that began in 1992, the…
We estimate peer effects for fourth graders in six European countries. The identification relies on variation across classes within schools, which we argue are formed roughly randomly. The estimates are much…