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The Perceived Well-Being and Health Costs of Exiting Self-Employment

We explore how involuntary and voluntary exits from self-employment affect life and health satisfaction. To that end, we use rich longitudinal data from the German Socio-Economic Panel from 1985 to 2017 and a difference-in-differences estimator. We find that while transitioning from self-employment to salaried employment brings small improvements in health and life satisfaction, the negative psychological ...

Distributional Impacts of Carbon Pricing: A Meta-Analysis

Understanding the distributional impacts of market-based climate policies is crucial to design economically efficient climate change mitigation policies that are socially acceptable and avoid adverse impacts on the poor. Empirical studies that examine the distributional impacts of carbon pricing and fossil fuel subsidy reforms in different countries arrive at ambiguous results. To systematically determine ...

In der Schule angekommen?: Zur Schulsituation geflüchteter Kinder und Jugendlicher

Divisive Jobs: Three Facets of Risk, Precarity and Redistribution

A central challenge in understanding public opinion shifts is identifying whose opinions change. Political economy models typically try to uncover this by exploring voters’ economic vulnerability, in particular the relationship between labour market risk and redistribution preferences. Predominantly, however, such work imputes risk from group-level characteristics and is static in nature. This makes ...

Fiscal and Individual Rates of Return to University Education with and without Graduation

Based on a detailed model of the German tax-benefit system, this paper simulates private and fiscal returns to education for college graduates and college dropouts.

An Economic Analysis of the Empty Nest Syndrome: What the Leaving Child Does Matters

This study is an empirical investigation of the empty nest syndrome, commonly understood as a situation where there are feelings of loss or loneliness for mothers and/or fathers following the departure of the last child from the family home. This investigation makes use of rich, longitudinal, nationally representative German data to assess whether there is evidence for such a syndrome. Furthermore, ...

Feeling Good Is Feeling Better

Can people remember correctly their past well-being? We study three national surveys of the British, German and French population, where more than 50,000 European citizens were asked questions about their current and past life satisfaction. We uncover systematic biases in recalled subjective well-being: on average, people tend to overstate the improvement in their well-being over time and to understate ...

People underestimate the errors made by algorithms for credit scoring and recidivism prediction but accept even fewer errors

This study provides the first representative analysis of error estimations and willingness to accept errors in a Western country (Germany) with regards to algorithmic decision-making systems (ADM). We examine people’s expectations about the accuracy of algorithms that predict credit default, recidivism of an offender, suitability of a job applicant, and health behavior. Also, we ask whether expectations ...

Corona-Krise gemeinsam bewältigen, Resilienz und Wachstum stärken (Jahresgutachten 2020/21)

Die Corona-Pandemie hat die Weltwirtschaft im ersten Halbjahr 2020 in eine tiefe Rezession gestürzt. Auf die Ausbreitung des Virus reagierten Staaten weltweit mit einer Vielzahl von Eindämmungsmaßnahmen. Hierzu zählten beispielsweise Einschränkungen von sozialen Kontakten, Reisebeschränkungen Geschäftsschließungen sowie Verbote von Großveranstaltungen. Staaten und Zentralbanken wirken dem wirtschaftlichen ...

Wohnen – die neue soziale Frage?

Die 2010er Jahre waren durch einen starken Anstieg der Mieten und der Kaufpreise gerade in den Ballungsraumen gekennzeichnet. Hieraus wird teilweise abgeleitet, dass Wohnen „die soziale Frage unserer Zeit” sei. In dieser Analyse wird auf der Grundlage des Sozio-oekonomischen Panels (SOEP) die Entwicklung der Wohnkostenbelastung im Langs- und Querschnitt analysiert. Außerdem wird die historische Bedeutung ...