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How does risk preference change across the life span? We address this question by conducting a coordinated analysis to obtain the first meta-analytic estimates of adults longitudinal age differences in risk-taking propensity around the world. We report results from 26 longitudinal samples (12 panels; 187,733 unique respondents; 19 countries) covering general and domain-specific risk-taking propensity ...
2022,
(PsyArXiv Preprints)
| Yunrui Liu, Alexandra Bagaïni, Gayoung Son, Madlaina Kapoor, Rui Mata
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Abstract We investigate the link between personality traits (PTs) and fertility, accounting for the possible interplay with other key life course events. Using data from German Socio-Economic Panel survey, we build sequence-type representations of fertility, union and job careers between the ages of 20 and 40. We rely on multichannel sequence analysis (MSA) and on the Partitioning around Medoids algorithm ...
In:
Journal of the Royal Statistical Society: Series A (Statistics in Society)
185 (2022), 3, 1344-1369
| Letizia Mencarini, Raffaella Piccarreta, Marco Le Moglie
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This dissertation consists of four chapters that contribute to applied microeconomics. My co-authors and I combine theoretical and experimental methods to study behavioral paradoxes and market inefficiencies. Chapters 1 and 2 contribute to the understanding of image concerns. They study the dynamic implications of how individuals perceive themselves and are perceived by others. Chapter 3 focuses on ...
2022,
| Vasilisa Petrishcheva
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Why do consumers make different decisions even when socioeconomic conditions are similar? The present article examines the effects of human values—as formulations of motivational goals—on the decision to purchase electricity storage for a photovoltaic system, a phenomenon hardly explored in prior research regarding high-priced household investments. About 50 percent of photovoltaic-system owners in ...
In:
Journal of Consumer Behaviour
21 (2022), 4, 909-926
| Stefan Poier, Anna Maria Nikodemska-Wołowik, Michał Suchanek
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In:
Perspektiven der Wirtschaftspolitik
23 (2022), 1, 38-48
| Regina T. Riphahn
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The reunification of the socialist German Democratic Republic and the capitalist Federal Republic of Germany presents a unique setting for studying the impact of socio-economic and political change on migration. This paper provides a comprehensive review of the interdisciplinary literature on migration between East and West Germany since reunification, conducted in disciplines such as economics, demography, ...
In:
Comparative Population Studies
47 (2022), 185-210
| Matthias Rosenbaum-Feldbrügge, Nico Stawarz, Nikola Sander
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Armut ist noch immer reichlich vorhanden in der reichen Bundesrepublik. Deutschland kümmert sich um seine Armen, aber richtig helfen kann die Mehrheitsgesellschaft nicht. Schlimmer noch: Armut verfestigt sich.
In:
Rheinische Post online, 2022-01-24
(2022),
| Martin Kessler
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We estimate the effect of parental separation on the risk and trust attitudes of German adolescents using a large household survey dataset, which allows us to match respondents to their siblings and parents. Our results indicate that adolescents from separated families are less trusting but have the same risk tolerance as adolescents from non-separated families, even after conditioning on the attitudes ...
Bonn:
Institute of Labor Economics (IZA),
2022,
(IZA DP No. 14993)
| Sarah Dahmann, Nathan Kettlewell, Jack Lam
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We study whether compulsory religious education in schools affects students' religiosity as adults. We exploit the staggered termination of compulsory religious education across German states in models with state and cohort fixed effects. Using three different datasets, we find that abolishing compulsory religious education significantly reduced religiosity of affected students in adulthood. It ...
Bonn:
Institute of Labor Economics (IZA),
2022,
(IZA DP No. 14989)
| Benjamin W. Arold, Ludger Woessmann, Larissa Zierow
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We investigate the stability of self-control at the population level. Analyzing repeated Brief Self-Control Scale scores, we demonstrate that self-control exhibits a high degree of mean-level, rank-order, and individual-level stability over the medium term. Changes in self-control are not associated with major life events, nor are they economically important. The stability of self-control is particularly ...
In:
Journal of Economic Psychology
95 (2023), 102599
| Deborah A. Cobb-Clark, Nancy Kong, Hannah Schildberg-Hörisch