While the German wage structure has long been considered relatively stable at lower percentiles, the past two decades have seen a clear tendency towards more earnings inequality at the bottom end of the…
In this paper, human capital investments are evaluated by assuming heterogeneous returns to schooling. We use the potential outcome approach to measure the causal effect of human capital investments on earnings…
Behavioral economics has provided striking insights that are contrary to the standard economic framework. Years of experiments, in laboratories as well as in the field, have shown the diversity of human…
Gregariousness is an important aspect of human life with implications also for labour markets. To the best of our knowledge, this paper is the first to examine gregariousness and social interaction at the…
Local labor markets show strong regional differences in labor outcomes and economic conditions. Regional differences affect the welfare of local populations as well as the effectiveness of local policy…