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Personality Traits Across the Life Cycle: Disentangling Age, Period, and Cohort Effects

Economists increasingly recognise the importance of personality traits for socio-economic outcomes, but little is known about the stability of these traits over the life cycle. Existing empirical contributions typically focus on age patterns and disregard cohort and period influences. This paper contributes novel evidence for the separability of age, period, and cohort effects for a broad range of ...

Der Einfluss von Rentenreformen auf Zugänge und Zahlbeträge in Erwerbsminderungsrenten - Modellrechnungen bis 2050: Forschungsbericht; Forschungsprojekt gefördert durch die Hans-Böckler-Stiftung

Einkommenswirkung und fiskalische Kosten der Grünen Garantierente: Endbericht; Forschungsprojekt im Auftrag der Bundestagsfraktion Bündnis 90/Die Grünen

Working Life and Human Capital Investment: Causal Evidence from a Pension Reform

This paper presents a life-cycle model with human capital investment during working life through training and provides a novel empirical test of human capital theory. We exploit a sizable pension reform across adjacent cohorts in a regression discontinuity setting and find that an increase in working life increases training. We discuss and test further predictions regarding the relation between initial ...

House Price Expectations

This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household survey, past sale and rental offerings, satellites, and from an information RCT. As novel findings, we show that price expectations exhibit mean reversion in the ...

Integrationshemmnisse geflüchteter Frauen und mögliche Handlungsansätze – eine Übersicht bisheriger Erkenntnisse

Der aktuelle Stand der Integration Geflüchteter in Deutschland weist hinsichtlich der Beschäftigungsquoten, der Bildungspartizipation sowie des Spracherwerbs auf geschlechtsspezifische Differenzen hin. Vor diesem Hintergrund bietet der Bericht eine Übersicht bisheriger empirischer Evidenz zu Integrationshemmnissen geflüchteter Frauen. Der Fokus liegt dabei auf möglichen Herausforderungen durch die ...

Altersvorsorge: Wer sorgt wie fürs Alter vor?

Frauen erben häufiger, Akademiker sorgen am meisten vor, Ostdeutsche setzen auf Versicherungen: So legen die Deutschen ihr Geld fürs Alter an.

Geldanlage: Bausparer leben auf dem Land, Sammler in der Stadt

Gibt es Unterschiede beim Geldanlegen zwischen Stadt und Land? Eine exklusive Datenauswertung zeigt: Auf dem Land sorgt man besser vor, glücklicher macht das aber nicht.

Worker Stress and Performance Pay: German Survey Evidence

While performance pay can benefit firms and workers by increasing productivity and wages, it has also been associated with a deterioration of worker health. The transmission mechanisms for this deterioration remain in doubt. We examine the hypothesis that increased stress is one transmission mechanism. Using unique survey data from the German Socio-Economic Panel, we find performance pay consistently ...

Health-related quality of life of individuals sharing a household with persons with dementia

Introduction: Previous research has found a negative effect of dementia on the health-related quality of life (HrQoL) of persons with dementia (PWD) and their primary informal caregivers. However, the impact of dementia on HrQoL of other individuals sharing a household with PWD has not been investigated to date. The current study therefore aimed to determine differences in the HrQoL between those sharing ...