This paper decomposes the differences in aggregate market hours between US and Europe across gender-skill groups and finds that low-skilled women are the biggest contributors to aggregate differences, with the exception of Nordic countries. We develop a model to account for the gender-skill differences in market hours across countries. Taxes, which reduce market hours in favor of leisure and home production, ...
Maternal well-being is assumed to be associated with well-being of individual family members, optimal parenting practices, and positive developmental outcomes for children. The objective of this study was to examine the interplay between maternal well-being, parent-child activities, and the well-being of 5- to 7-year-old children. In a sample of N = 291 mother-child dyads, maternal life satisfaction, ...
Our research challenges the traditional view that unemployment is an unequivocal negative event in working life. We argue that depending on workers’ educational attainment and on national-specific institutional settings unemployment might have different implications on young workers who begin their employment careers in low occupational positions. The strongly skill-based and rigid labour market in ...
We study the literature on school financial education programs for children and youth via aquantitative meta-analysis of 37 (quasi-) experiments. We find that financial education treatmenthas, on average, a significant and sizeable impact on financial knowledge (+0.25 SD), similar toeducational interventions in other domains. Additionally, we document small but still significanteffects on financial ...
Die Fähigkeit und das Wissen, Finanzplanungen vorzunehmen und eigene Finanzen zu managen, sogenannte Finance Literacy, haben enorm an Bedeutung zur gesellschaftlichen Teilhabe gewonnen. In diesem Beitrag wird eine empirische Evaluation der Finance Literacy von Studierenden durchgeführt. Der Fragebogen entstand in Anlehnung an die OECD und Lusardi und Mitchell (2014). Die Stichprobe umfasst Studierende ...
Are children better off than their parents? This highly debated question in politics and economics is investigated by analysing the trends in absolute and relative intergenerational labour income mobility for Germany and the US. High quality panel data is used for this purpose; the SOEP for Germany and the PSID for the US. In Germany, 67 per cent of sons born between 1955 and 1975 earned a significantly ...
Family strongly influences personal well-being—especially in the case of refugees, whose family members often remain in their homeland. This report is the first to closely examine the well-being and family structures of refugees who came to Germany between January 2013 and January 2016. It uses data from the IAB-BAMF-SOEP Survey of Refugees in Germany. Among individuals aged between 18 and 49, nine ...