Very wealthy people influence political and societal processes by wielding their economic power through foundations, lobbying groups, media campaigns, as investors and employers. Because personality shapes goals, attitudes, and behaviour, it is important to understand the personality traits that characterize the rich. We used representative survey data to construct two large samples, one from the general ...
The debate about making investments and the financial sector more sustainable often focuses on a narrow distinction between "green" and "brown" assets that does not match the situation in the real economy, writes Franziska Schütze from the German Institute for Economic Research (DIW). The sustainable finance expert says journalists need to read between the lines and make the many colours visible to ...
SOEP-Studie beschreibt erstmals auf Basis von belastbaren Daten die Persönlichkeit von MillionärInnen – Vor allem Selfmade-MillionärInnen unterscheiden sich in ihrer Persönlichkeit von der Allgemeinbevölkerung – Je stärker die „Millionärspersönlichkeit“ ausgeprägt ist, desto größer ist das Vermögen MillionärInnen ...
This study contributes to the subjective well-being and retirement literature by quantifying life satisfaction before (4) and after retirement (9+) periods asking: Are retirees more satisfied? Fixed-effects and causal instrumental variables (IV) estimates with individual longitudinal data of the Socio-Economic Panel (SOEP, 33 waves) analyze anticipation and adaptation retirement effects of statutory ...