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Arbeiten trotz Rente: Warum bleiben Menschen im Ruhestand erwerbstätig?

Anreizeffekte und Angebotsinduzierung im Rahmen der Riester-Rente: Eine empirische Analyse geschlechts- und sozialisationsbedingter Unterschiede

In 2001, the voluntary additional Riester pension scheme was implemented in Germany. Financial subsidies should incentivize people to increase their private pension savings. In this paper, we hypothesize that these publicly subsidized savings mainly replace existing not subsidized savings and that supplier induced demand is an important factor. Using data from the Socio-economic Panel we analyze the ...

Status Attainment and Wealth in the United States and Germany

Mobility Regimes and Parental Wealth: The United States, Germany, and Sweden in Comparison

We study the role of parental wealth for children’s educational and occupational outcomes across three types of welfare states and outline a theoretical model that assumes parental wealth to impact offspring’s attainment through two mechanisms, wealth’s purchasing function and its insurance function. We argue that welfare states can limit the purchasing function of wealth, for instance by providing ...

A Note on Risk Aversion and Labour Market Outcomes: Further Evidence from German Survey Data

Risk Aversion and Sorting into Public Sector Employment

This research note uses two German datasets – the large-scale German Socioeconomic Panel and unique data from own student questionnaires – to analyse the relationship between risk aversion and the choice for public sector employment. Main results are (1) more risk-averse individuals sort into public sector employment, (2) the impact of career-specific and unemployment risk attitudes is larger than ...

Cyclical Absenteeism among Private Sector, Public Sector and Self-employed Workers

This research note analyzes differences in the number of absent working days and doctor visits and in their cyclicality between private sector, public sector and self-employed workers. For this purpose, I used large-scale German survey data for the years 1995 to 2007 to estimate random effects negative binomial (count data) models. The main findings are as follows. (i) Public sector workers have on ...

Life satisfaction and the consumption values of partners and friends: Empirical evidence from German panel survey data

This empirical research note uses a large-scale household panel survey for Germany to assess the consumption values of partners and friends. For this purpose, reported individual life satisfaction (as proxy for utility) is regressed on being in a partnership, on the number of friends, on the net household income, and on other covariates. The results of pooled and fixed effects regressions indicate ...

Individual Labor Market Effects of Local Public Expenditures on Sports

By merging administrative data on public finances of all municipalities in Germany with individual data from the German Socio-Economic Panel, we explore whether local public expenditures on sports facilities influences individual labor market outcomes. Our identification strategy follows a selection-on-observables approach and exploits the panel structure of the data covering 12 years between 2001 ...

Der Mix aus privaten und staatlichen Quellen der Einkommenssicherung im Alter im internationalen Vergleich