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Unhealthy behavior can be extremely costly from a micro- and macroeconomic perspective and exploring the determinants of such behavior is highly important from an economist’s point of view. We examine whether locus of control (LOC) can explain alcohol consumption as an important domain of health behavior. LOC measures how much an individual believes in the causal relationship between her own actions ...
In:
Empirical Economics
63 (2022), 5, 2785-2815
| Marco Caliendo, Juliane Hennecke
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There has been explosive growth in the analysis of subjective well-being in Economics over the past 40 years. This article reviews some of this growth, and suggests a number of domains in which future research may proceed.
In:
Review of Income and Wealth
64 (2018), 2, 245-269
| Andrew E. Clark
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This paper investigates the effects of comparison pay on job and life satisfaction with longitudinal survey data from Germany. I use linear fixed effects models to account for unobserved heterogeneity and define the reference groups as individuals within the same occupation and industry. Men and women are expected to behave differently to comparison pay and are therefore investigated separately. Additionally, ...
In:
Journal of Happiness Studies
20 (2019), 1, 67-80
| Matthias Collischon
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In this article we compare solo self-employment in Germany and the Netherlands. We identify parallels and differences in the structure of solo self-employment and examine to what extent self-employment is related to a precarious situation in terms of earnings and social security. The results show that solo self-employed workers are relatively vulnerable in terms of income and disability insurance in ...
In:
Journal of Poverty and Social Justice
27 (2019), 2, 177-197
| Wieteke Conen, Karin Schulze Buschoff
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We examine the complex relationship between money and happiness. We find that both permanent income and wealth are better predictors of life satisfaction than current income and wealth. They matter not only in absolute terms but also in comparative terms. However, their relative impacts differ. The first exerts a comparison effect—the higher the permanent income of the reference group, the lower life ...
In:
Social Indicators Research
148 (2020), 1, 47-66
| Conchita D'Ambrosio, Markus Jäntti, Anthony Lepinteur
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We consider a model in which a principal may delegate the choice of a project to a better informed agent. The preferences of the agent and the principal about which project should be undertaken may be discordant. Moreover, the agent benefits from being granted more discretion in the project choice and may be motivated by reciprocity. We find that the relationship between the agent’s reciprocity and ...
In:
Journal of Law, Economics, and Organization
35 (2019), 3, 651-695
| Alessandro De Chiara, Ester Manna
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Using large-scale data from the German Socio-Economic Panel (SOEP), this paper finds that financial professionals have a lower prosociality and riskier behavior than a control group. I interpret these findings using the person-organization fit theory, and thus, the compatibility between the employee’s personality and the prevailing culture in their organization. The financial sector attracts riskier individuals, ...
Berlin:
DIW Berlin,
2020,
(SOEPpapers 1075)
| Max Deter
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We investigate the wage, employment, and reallocation effects of the introduction of a nationwide minimum wage in Germany that affected 15% of all employees. Based on identification designs that exploit variation in exposure across individuals and local areas, we find that the minimum wage raised wages but did not lower employment. It also led to the reallocation of low-wage workers from smaller to ...
In:
The Quarterly Journal of Economics
137 (2022), 1, 267–328
| Christian Dustmann, Attila Lindner, Uta Schönberg, Matthias Umkehrer, Philipp vom Berge
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The statutory minimum wage in Germany was set as an hourly wage. Thus, valid information on gross hourly wages must be calculated from monthly wages and weekly working hours. This paper compares the German Socio-Economic Panel (GSOEP) and the (Structure of) Earnings Survey (SES/ES). The sampling and collection of data on employees in the household survey GSOEP, and on jobs in the administrative surveys ...
In:
Jahrbücher für Nationalökonomie und Statistik
239 (2019), 2, 243-276
| Matthias Dütsch, Ralf Himmelreicher, Clemens Ohlert
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Social capital is a resource derived from a person's social network and is important for various outcomes. Social capital declines over time and requires investments to avoid further declines or to increase the stock. However, certain life events can negatively affect social capital. This paper analyzes how informal caregiving, defined as unpaid assistance to persons who cannot perform the usual ...
In:
Social Science Research
85 (2020), January 2020, 102319
| Andreas Eberl