Systematic differences along the wealth distribution in investment performance will potentially have large consequences for the level and persistence of wealth inequality. These differences in performance are hard to measure except in a few, select countries with detailed information on household portfolios. In this paper we use a modified version of the Global Capital Asset Pricing Model ...
In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore negatively affects lifetime earnings, future pension benefits, and individuals’ well-being. These consequences of ...
Die Abschaffung des Solidaritätszuschlags käme den Staat teuer, der wirtschaftliche Nutzen wäre gering. Von Bildung bis Generationengerechtigkeit warten große Aufgaben.Das Argument derer, die eine Abschaffung des Solidaritätszuschlags befürworten, klingt zunächst einleuchtend: Die Bundesregierung hat 1995 das Versprechen gegeben, dass die Erhebung des Solidaritätszuschlags ...
Herzlich Willkommen, Professor Leonardo Becchetti von der Universität Rom Tor Vergata! Die anonymisierten Forschungsdaten des SOEP werden ausschließlich nach Abschluss eines Kooperationsvertrags zwischen Forschenden und dem DIW Berlin weitergegeben. Becchettis Forschungsthema: Heterogeneity in Beliefs Comparing West and East Germany". Viel Erfolg.
Overcommitted individuals cannot withdraw from work obligations. We examine whether work goal engagement attenuates the negative effects of overcommitment on work and health outcomes. For overcommitted professionals it should matter whether they dedicate time and energy to work goals they feel bound to or to goals they do not feel attached to (unengaged overcommitment). In a longitudinal study of 752 ...
At the start of Summer Semester 2019, Marco Giesselmann took up his new position in the Institute of Sociology at the University of Zurich. At the SOEP, Marco was responsible for organizing SOEPcampus events. Sandra Bohmann has now taken on full responsibility for this task, which she has been carrying out as Marco’s replacement for some time. Marco is now also Senior Research Fellow at the SOEP. Christian ...
