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Risk Preference Elicitation and Financial Advice Taking

Financial advisors rely on accurate measures of investor risk preferences. This study compares different risk elicitation methods (REMs) in terms of their perceived suitability and impact on financial advice taking. The results suggest that the perceived suitability of the suggested risk profile strongly predicts delegation to an advisory tool. REMs differ in terms of their perceived process similarity ...

Perceptions of Gender Wealth Inequalities within the Family

This dissertation examines the following research question: How do individuals perceive gender wealth inequalities within the family? In the three empirical studies, I tackle this question from two perspectives. On the one hand, the first study examines personal perceptions of inequality by analyzing with observational data how changes in the actual distribution of wealth within couples is related ...

Polit-ökonomische Aspekte des Berichts zur Lage der Verbraucher:innen

Der Sachverständigenrat für Verbraucherfragen hat erstmals ein breit angelegtes Gutachten zur Lage der Verbraucher:innen in Deutschland vorgelegt. Gert G. Wagner, Mitglied im Sachverständigenrat für Verbraucherfragen, stellt aus seiner persönlichen Sicht ausgewählte Analysen, Ergebnisse und Empfehlungen vor. Über das Gutachten hinausgehend wird auch auf relevante Ereignisse hingewiesen, die nach Abschluss ...

Unwetterkatastrophe: Versicherungspflicht sinnvoll!

Spurious Correlations in Quantile-Based Consumption Spillover Tests

Consumption spillovers are difficult to estimate. Many tests in the literature argue that spillovers cause positive correlations between individual consumption levels and aggregate income quantiles. This paper develops simulation-based procedures for evaluating reduced-form tests for consumption spillovers. I find that the correlation found in prior tests may be spurious, arising from the mechanical ...

Heterogeneity in Trajectories of Life Satisfaction After Reunification: The Role of Individual Resources and Life Stage in Former East Germany

For people living in the former East Germany, reunification with the former West Germany fundamentally transformed the sociopolitical system and most domains of everyday life. Previous research has revealed temporal shifts in average life satisfaction after reunification in the former East German population as a whole, but so far little is known about heterogeneity in patterns of adjustment within ...

Essays in the Economics of Migration

This thesis consists of three independent articles. In the first chapter, I test whether tipping points can explain observed workplace segregation between immigrants and natives in Germany over the period 1990-2010. I reject the hypothesis of tipping dynamics. Furthermore, I show that traditional tests of tipping points based on Regression Discontinuity Designs tend to over-reject the null hypothesis ...

SOEP-IS 2018 – Methodenbericht zum „ARB Survey 2018/2019“

SOEP-IS 2020 – Methodenbericht zum „ARB COV Survey 2020“

Arbeitsbiografien und Strukturwandel „nach dem Boom“: Lebensläufe und Berufserfahrungen britischer, französischer und westdeutscher Industriearbeiter und -arbeiterinnen von 1970 bis 2000

The article compares life courses and work biographies of industrial workers in West Germany, France and Britain during the period of de-industrialization between the mid-1970s and the year 2000. It discusses continuities and changes of specific patterns in the work biographies of male skilled and unskilled workers, of young people entering the shrinking job market, of migrant workers, and of women. ...