Financial literacy predicts informed financial decisions, but what explains financial literacy? We use the concept of financial socialization and aim to represent three major agents of financial socialization: family, school and work. Thus we compile twelve relevant childhood characteristics in a new survey study and examine their relation to financial literacy, while controlling for established socio-demographic ...
The time fathers spend and the activities they perform with children have risen continuously in most Western countries. Increasing father involvement in child care has also been an explicit policy objective with many European countries implementing individual parental leave entitlements for fathers. Whereas these policies mainly aimed at facilitating reconciliation of market work and family care and ...
Die Erwerbstätigkeit von Müttern hat in Deutschland sowie in den meisten industrialisierten Ländern in den vergangenen Jahren stetig zugenommen. In Deutschland ist die Erwerbstätigkeit von Frauen mit Kindern von 59 Prozent im Jahr 2000 auf rund 66 Prozent im Jahr 2012 angestiegen. Der Großteil der erwerbstätigen Mütter geht jedoch nach wie vor einer Teilzeitbeschäftigung nach. Dies kann ein Hinweis ...
We document the educational integration of immigrant children with a focus on the link between family size and educational decisions and distinguishing particularly between first- and second-generation immigrants and between source country groups. First, for immigrant adolescents, we show family-size adjusted convergence to almost native levels of higher education track attendance from the first to ...
This paper uses administrative data to investigate how a change in pension wealth affects a mother’s employment decision after child birth. I exploit the extension of the child care pension benefit in 1992 as a natural experiment in a regression discontinuity design to estimate short- and medium-run employment effects. In comparison to most family benefits, the child care pension benefit is accumulated ...
Why do some people make better financial decisions than others do? The level of financial literacy plays an important role: Quality schooling that also deals with financial issues likewise leads to better financial decisions. However, many studies neglect how parenting also influences financial behavior. This report shows that parents also have an indirect effect on the financial literacy of their ...
mit Kommentar von Dr. Marcus Tamm Anmeldung bis 28.10.2014 unter bien-edu@diw.de
Anmeldung bis zum 29.08. unter bien-edu@diw.de
