This study examines the familial ties in the social support network of refugees in Germany. It investigates whether distance to family plays a role in the provision of emotional and informational support and how this relationship is moderated by social network services (SNS). Using data from the IAB-BAMF-SOEP Survey of Refugees (N = 5237), the paper provides evidence for a family-centred network. Increasing ...
Der Aufstieg des Populismus erschüttert weiterhin zahlreiche westliche Demokratien und führt oft zu ausgrenzenden oder autoritären Tendenzen (Mudde, 2004). Dies zeigt sich beispielsweise beim Sturm auf das US-Kapitol im Januar 2021 und beim versuchten Staatsstreich in Deutschland im Dezember 2022. Die destabilisierende Bedrohung demokratischer Institutionen in der EU und den USA unterstreicht...
The rise of populism continues to shake numerous Western democracies, often leading to exclusionary or authoritarian tendencies (Mudde, 2004). This is evident in events such as the US Capitol storming in January 2021 and the attempted coup in Germany in December 2022. The destabilizing threat to democratic institutions across the EU and the US underscores the importance of understanding populism’s...
We study the relationship between crowding and performance in the active mutual fund industry. Using the equity holdings overlap of 17,364 global funds, we find that funds that crowd into the same stocks underperform passive benchmark funds by 1.4% per year. The negative returns to crowding can at least in part be explained by excess demand for liquidity and the associated discount for holding liquid ...
Despite substantial research on job satisfaction in self-employment, we know little about the specific consequences for the venture when job satisfaction declines after an external shock. Taking the COVID-19 pandemic as an example of an external shock and drawing on a sample of nearly 7,000 self-employed individuals living in Germany, we investigate how declines in job satisfaction are related to investment ...
