In this study, we examine the relationship between personality traits, captured by risk tolerance and the Big Five traits, and firm size, as measured by the number of employees. We show that the personality of entrepreneurs matters for the size of their firm they operate. We use a novel add-on to the German Socio-Economic Panel that includes a sub-sample of owner-managers running larger firms. High ...
A country’s fiscal policy plays a central role in stabilizing its economy. Its effectiveness depends on the choice of measures and how monetary policy responds. This report compares four fiscal policy measures for a typical euro area country: increase in public investment and government consumption, reductions in consumption taxes and income taxes. Both the theoretical model and the empirical results ...
Der Beitrag präsentiert eine Differenzierung von drei alten (wiederkehrenden) und einem neuen Narrativ eines BGEs. Das erste Narrativ ist in erster Linie von ökonomischer Natur, beruht auf dem technologischen Wandel der Arbeitswelt und könnte als die älteste Erzählung zur Überwindung der Angst vor Arbeitslosigkeit angesehen werden. Das zweite Narrativ konzentriert sich auf die langfristige Entwicklung ...
The Socio-Economic Panel Linked Employer–Employee Survey, Version 2 (SOEP-LEE2), provides linked information on employees, establishments, and self-employed individuals in Germany. An earlier Data Observer article (Matiaske, Wenzel, Torben Dall Schmidt, Christoph Halbmeier, M. Maas, D. Holtmann, C. Schröder, et al. 2024. “SOEP-LEE2: Linking Surveys on Employees to Employers in Germany.” Jahrbücher ...
Longitudinal surveys play a central role in social science research and policy advice but increasing demands for timely data pose substantial challenges for managing time, resources, and data quality across survey waves. While the Survey Life Cycle (SLC) provides a well established framework for organizing survey production, it is primarily geared toward single wave studies and offers limited guidance ...
