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SOEPpapers 234 / 2009
The research on private financial transfers between generations lacks a longitudinal perspective. Gifts as intergenerational transfers inter vivos allow us to study the importance of life course events for the chances of receiving transfers. In Germany, gifts are highly private and leave more scope for decision-making than the regulated bequests. Thus, gifts are better suited to test theories on family ...
2009| Thomas Leopold, Thorsten Schneider
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SOEPpapers 233 / 2009
Does happiness vary with age? The evidence is inconclusive. Some studies show happiness to increase with age (Diener et al. 1999; Argyle 2001). Others hold that the association is U-shaped with either highest depression rates (Mroczek and Christian, 1998; Blanchflower and Oswald, 2008) or highest happiness levels occurring during middle age (Easterlin, 2006). Current studies suffer from two shortcomings. ...
2009| Hilke Brockmann
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SOEPpapers 232 / 2009
It is well known, that the presences of children lower parental happiness. That is based on psychological and economical reasons. The effect holds on for micro data of the GSOEP. The number of children affects an inverse u-shaped curve on happiness. Even an enlargement of the dataset with macroeconomic variables offers the same results. The effect disappears only after generating terms of interaction ...
2009| Stephan Humpert
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SOEPpapers 231 / 2009
The SOEP success story was not conceivable at its inception. SOEP's institutionalization is therefore a lesson demonstrating that it is not always possible to say - as is so often required of research proposals today - how a project will develop before it has even begun, and what significance it may one day have. Or, even worse, to show "how a research project will pay off".
2009| Bernhard Schäfers
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SOEPpapers 230 / 2009
Empirical analyses on the determinants of life satisfaction often include the impact of the number of children variable among controls without fully discriminating between its two (socio-relational and pecuniary) components. In our empirical analysis on the German Socioeconomic Panel we show that, when introducing household income without correction for the number of members, the pecuniary effect prevails ...
2009| Leonardo Becchetti, Elena Giachin Ricca, Alessandra Pelloni
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SOEPpapers 229 / 2009
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West Germany over the fifteen years for which data are available. Using a fixed effects vector decomposition method, ...
2009| Tilman Brück, Heiko Peters
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SOEPpapers 228 / 2009
This paper uses panel data from the UK (BHPS) and Germany (GSOEP) to investigate the wage effect of entering the labour market with a temporary job. Further than the previous literature that studied the effect of the contract type on wage dynamics in the explained part of a wage regression, we also investigate the effect of the starting contract on the variance of unobserved individual effects and ...
2009| Dimitris Pavlopoulos
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SOEPpapers 227 / 2009
The gender wage gap varies across countries. For example, among OECD nations women in Australia, Belgium, Italy and Sweden earn 80% as much as males, whereas in Austria, Canada and Japan women earn about 60%. Current studies examining cross-country differences focus on the impact of labor market institutions such as minimum wage laws and nationwide collective bargaining. However, these studies neglect ...
2009| Solomon W. Polachek, Jun Xiang
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SOEPpapers 226 / 2009
The present paper aims to quantify the growth and welfare consequences of changing family structures in western societies. For this reason we develop a dynamic general equilibrium model with both genders which takes into account changes of the marital status as a stochastic process. Individuals respond to these shocks by adjusting savings and labor supply. Our quantitative results indicate that the ...
2009| Hans Fehr, Manuel Kallweit, Fabian Kindermann
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SOEPpapers 225 / 2009
The reliability of general self-rated health status is examined using the reform of the public health insurance system of Germany in 2004 as a source of exogenous variation. Among others, the reform introduced a co-payment for ambulatory doctor visits and increased the co-payments for prescription drugs. This natural experiment allows identification of the causal impact of the program on self-assessed ...
2009| Alfredo R. Paloyo
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SOEPpapers 224 / 2009
This study questions the popular stereotype that women are more risk averse than men in their financial investment decisions. The analysis is based on micro-level data from large-scale surveys of private households in five European countries. In our analysis of investment decisions, we directly account for individuals' self-perceivedwillingness to take financial risks. The empirical evidence we provide ...
2009| Oleg Badunenko, Nataliya Barasinska, Dorothea Schäfer
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SOEPpapers 223 / 2009
Using German panel data from 1984 to 2007, we analyze the impact of labor division between husband and wife on the risk of divorce. Gary Becker's theory of marriage predicts that specialization in domestic and market work, respectively, reduces the risk of separation. Traditionally, the breadwinner role is assigned to the husband, however, female labor force participation and their wages have risen ...
2009| Kornelius Kraft, Stefanie Neimann
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SOEPpapers 222 / 2009
We examine the effect of commuting on labour supply patterns. A labour supply model is introduced which shows that commuting distance increases daily workhours, whereas the effect on total labour supply is ambiguous. This paper addresses these issues empirically using the socio-economic panel data for Germany between 1997 and 2007. Endogeneity of commuting distance is accounted for by using employer-induced ...
2009| Eva Gutiérrez-i-Puigarnau, Jos van Ommeren
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SOEPpapers 221 / 2009
Do EU citizens have an increased opportunity to improve their position in the distribution of earnings over time? This question is answered by exploring short and long-term wage mobility for males across 14 EU countries between 1994 and 2001 using ECHP. Mobility is evaluated using rank measures which capture positional movements in the distribution of earnings. All countries recording an increase in ...
2009| Denisa Maria Sologon, Cathal O'Donoghue
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SOEPpapers 220 / 2009
In Deutschland sind Frauen in Führungspositionen unterrepräsentiert. Je höher die Hierarchiestufe desto geringer ist ihr Anteil unter den Führungskräften. Nur 2,5 Prozent der Vorstandsmitglieder der Top-200 Wirtschaftsunternehmen in Deutschland sind weiblich. Zahlreiche Studien untersuchen Einflussfaktoren auf die Karriere in Abhängigkeit z.B. von Humankapital und anderen "objektiven" Faktoren. Unsere ...
2009| Simon Fietze, Elke Holst, Verena Tobsch
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SOEPpapers 219 / 2009
I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the Netherlands and the German Socio-Economic Panel. Instrumenting individual happiness with regional sunshine, the results suggest that happier people save more, spend less, and have a lower marginal propensity to consume. Happier people take more time for making decisions and have more ...
2009| Cahit Guven
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SOEPpapers 218 / 2009
Weather variables, and sunshine in particular, are found to be strongly correlated with financial variables. I consider self-reported happiness as a channel through which sunshine affects financial variables. I examine the influence of happiness on risk-taking behavior by instrumenting individual happiness with regional sunshine, and I find that happy people appear to be more risk-averse in financial ...
2009| Cahit Guven
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SOEPpapers 217 / 2009
We provide evidence that living with an unmarried mother during childhood raises smoking propensities for young adults in Germany.
2009| Marco Francesconi, Stephen P. Jenkins, Thomas Siedler
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SOEPpapers 216 / 2009
The rise in female labor market participation and the growth of "atypical" employment arrangements has, over the last few decades, brought about a steadily decreasingpercentage of households in which the man is the sole breadwinner, and a rising percentage of dual-earner households. Against this backdrop, the present paper investigates the impact of household contexts in which the traditional male ...
2009| Stefan Liebig, Carsten Sauer, Jürgen Schupp
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SOEPpapers 215 / 2009
Income as the traditional one dimensional measure in well-being and poverty analyses is extended in recent studies by a multidimensional poverty concept. Though this is certainly a progress, however, two important aspects are missing: time as an important dimension and the interdependence of the often only separately counted multiple poverty dimensions. Our paper will contribute to both aspects: First, ...
2009| Joachim Merz, Tim Rathjen