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Income Inequality and Risk Taking: The Impact of Social Comparison Information

In contrast to the assumptions of standard economic theory, recent experimental evi-dence shows that the income of peers has a systematic impact on observed degrees of risk aversion. This paper reports the findings of two experiments examining the impact of income inequality on risk preferences and whether the knowledge of inequality mediates the decisions. In Experiment 1, participants who were recruited ...

The Impact of Publicly Funded Childcare on Parental Well-Being: Evidence from Cut-Off Rules

As more and more countries consider expanding public childcare provision, it is important to have a comprehensive understanding of its implications for families. This article adds to the existing literature by investigating the effect of publicly funded childcare on parental subjective well-being. To establish causality, I exploit cut-off rules introduced following the implementation of a legal claim ...

Niedrigeinkommensquote bei der Bevölkerung mit Migrationshintergrund steigt

Pflege in Corona-Zeiten: Gefährdete pflegen besonders Gefährdete

Die Corona-Pandemie und die mit ihr verbundenen Einschränkungen stellen den Pflegesektor vor immense Probleme. Pflegebedürftige gehören zur Gruppe mit dem im Falle einer Corona-Infektion höchsten Risiko für schwere und tödliche Verläufe. Von den 3,7 Millionen Menschen, die in Deutschland Leistungen der Pflegeversicherung beziehen, lebten Ende 2018 nur knapp 800.0...

Pflege in Corona-Zeiten: Gefährdete pflegen besonders Gefährdete

Die Corona-Pandemie und die mit ihr verbundenen Einschränkungen stellen den Pflegesektor vor immense Probleme. Pflegebedürftige gehören zur Gruppe mit dem im Falle einer Corona-Infektion höchsten Risiko für schwere und tödliche Verläufe. Von den 3,7 Millionen Menschen, die in Deutschland Leistungen der Pflegeversicherung beziehen, lebten Ende 2018 nur knapp 800.000 in Pflegeheimen. Der Rest wird zu ...

Corona-Elterngeld, Bildungsperspektiven und Gleichstellung (Virtual Conference)

Deutschland befindet sich seit Mitte März im kollektiven Lockdown. Zahlreiche Geschäfte sind weiterhin geschlossen, Arbeitnehmerinnen und Arbeitnehmer in Kurzarbeit, viele Beschäftige arbeiten im Home-Office. Die Lockerung der Maßnahmen erfolgt derzeit in vorsichtigen Schritten und stellt berufstätige Eltern weiterhin vor große Probleme. Die Wiedereröffnung...

ECB and Fed monetary policy measures against the economic effects of the coronavirus pandemic have little effect

To cushion the economic effects of the coronavirus pandemic, central banks have taken far-reaching monetary policy measures. The US Federal Reserve has lowered its interest rates and, like the European Central Bank, has expanded its bond purchase programs. However, it is questionable whether these measures are having the desired effect of calming the markets and supporting the real economy. It is...

Financial Education Affects Financial Knowledge and Downstream Behaviors

We study the rapidly growing literature on the causal effects of financial education programs in a meta-analysis of 76 randomized experiments with a total sample size of over 160,000 individuals. The evidence shows that financial education programs have, on average, positive causal treatment effects on financial knowledge and downstream financial behaviors. Treatment effects are economically meaningful ...

Big Tech Acquisitions in the Google Play Store

This is an online seminar using Webex. You will receive the login data with the invitation to the talk. Abstract:  In the last ten years, Google, Apple, Facebook, Amazon, and Microsoft (GAFAM) acquired more than 400 companies, predominantly in the technological sector. Competition authorities did not scrutinize most of these transactions, as they did not reach the traditional thresholds,...

Barriers to humanitarian migration, traumatic events and integration outcomes: Evidence from Germany

In this study we estimate the hidden cost of restrictive migration policies and highlight the need for health-related support among refugees. The traumatic events asylum seekers experience at origin due to exposure to violent conflict and during the journey to the EU may have lasting negative effects on their economic and social integration in the destination country. We hypothesize that...