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Is It Possible to Raise National Happiness?

We revisit the Easterlin paradox about the flatness of the happiness trend over the long run, in spite of sustained economic development. With a bounded scale that explicitly refers to “the best possible life for you” and “the worst possible life for you”, is it even possible to observe a rising trend in self-declared life satisfaction? We consider the possibility of rescaling, i.e. that the interpretation ...

Einkommenseffekte des gesetzlichen Mindestlohns in Deutschland reichen bis in die Mitte der Verteilung

Economies of Scale for Household Wealth: An Analysis of Equivalence Scales

Measures of private wealth often refer to households or tax-units, but how does household wealth relate to individual welfare? Analogous to household economies of scale for consumption, this paper offers a methodology and empirical results to account for household wealth scale effects. These scale effects vary depending on the purpose of savings: funding consumption versus holding wealth for motives ...

Transnational ties, endowment with capital, and health of immigrants in Germany: cross-sectional study

Aim: Maintaining transnational ties may be an indication of poor integration into the host society (according to classical ‘assimilation theory’) or may convey additional capital resources to immigrants (the ‘transmigrant’ view of migration). Consequences for health would be negative in the first and positive in the second scenario. We tested the hypotheses that (1) maintaining transnational ties may ...

Personality types revisited–a literature-informed and data-driven approach to an integration of prototypical and dimensional constructs of personality description

A new algorithmic approach to personality prototyping based on Big Five traits was applied to a large representative and longitudinal German dataset (N = 22,820) including behavior, personality and health correlates. We applied three different clustering techniques, latent profile analysis, the k-means method and spectral clustering algorithms. The resulting cluster centers, i.e. the personality prototypes, ...

Mietbelastung in Deutschland: In den letzten Jahren nicht gestiegen, aber ungleich verteilt

In Deutschland - wie auch international - ist die Mietbelastung seit Beginn der 1990er Jahre gestiegen. Anfang der 2000er Jahre wurde dieser Trend gebrochen und die Belastung blieb annähernd konstant. Zudem haben sich die Unterschiede in der Belastung zwischen den verschiedenen Einkommensgruppen in den letzten Jahren vergrößert. Im Jahr 2021 zahlten die einkommensschwächsten 20 Prozent der Miethaushalte ...

Kinderbetreuung, Hausarbeit und Pflege: Sorgearbeit ist weiterhin Frauensache

Frauen verdienen weniger als Männer. Eine neue Studie zeigt: Die Differenz ist nicht über alle Altersgruppen gleich. Welche Phase ist entscheidend?

Chapter 7: Intergenerational persistence of wealth

Evidence from intergenerational correlations and sibling correlations shows that intergenerational persistence in wealth is substantially large and similar in size compared to income persistence. The intergenerational persistence in wealth is partly due to the direct transfers of wealth from parents to children, which makes wealth unique compared to other resources such as education and income. Furthermore, ...

Elucidating the socio-demographics of wildlife tolerance using the example of the red fox (Vulpes vulpes) in Germany

Abstract As a consequence of increasing human-wildlife encounters, the associated potential for human-wildlife conflict rises. The dependency of conservation management actions on the acceptance or even the participation of people requires modern conservation strategies that take the human dimension of wildlife management into account. In the first place, conservationists therefore need to understand ...

The non-linear impact of risk tolerance on entrepreneurial profit and business survival

Entrepreneurs tend to be risk tolerant but is higher risk tolerance always better? In a sample of about 2100 small businesses, we find an inverted U-shaped relation between risk tolerance and profitability. This relationship holds in a simple bilateral regression, and even after controlling for a large set of individual and business characteristics. Apparently, one major transmission goes from risk ...