Project area A

A: Family and education policies

Understanding the formation of human capital and the human-capital-driven pathways into life outcomes is of first-order importance. At the individual level, human capital is a key determinant of well-being and economic success; at the societal level, the distribution of human capital in the population affects social mobility and social cohesion. Individuals differ in all dimensions of human capital. This diversity is partly due to genetic influences, but vitally molded by the social and economic environment. Informal and formal institutions – such as the family and the school – interact in a complex process that depends on initial conditions, investments and shocks. The goal of project area A is to better understand this process and to contribute to the formulation of effective, evidence-based family and education policies.

A01: Origin, malleability and consequences of risk, time and social preferences

The project studies the determinants and consequences of economic beliefs and preferences.

A02: Family decision-making and investments

Familial decisions to invest in children are at the center of this project.

A03: Market failures and family policies

The project addresses the impact of specific frictions on the economic decision-making of families.

A04: Peer effects in school

The goal of this project is to analyze gender peer effects in education.

A05: Behavioral determinants of inequalities in labour market

The project investigates how inequalities emerge and are reinforced or diminished in the labor market.

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