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Referierte Aufsätze Web of Science
The COVID-19 pandemic and related closures of day care centres and schools significantly increased the amount of care work done by parents. There has been much speculation over whether the pandemic increased or decreased gender equality in parental care work. Based on representative data for Germany from spring 2020 and winter 2021 we present an empirical analysis that shows that although gender inequality ...
In:
German Economic Review
23 (2022), 4, S. 641–667
| Jonas Jessen, C. Katharina Spiess, Sevrin Waights, Katharina Wrohlich
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Referierte Aufsätze Web of Science
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account employment characteristics of women and men, we are able to identify the extent to which the redistributive effect of pension rights reduces the gender wealth gap. The data for our analysis come from the German Socio-Economic Panel (SOEP), one of the few surveys that collects information ...
In:
European Journal of Population
38 (2022), 4, S. 755-810
| Karla Cordova, Markus M. Grabka, Eva Sierminska
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Referierte Aufsätze Web of Science
In Germany, the productivity of professional services, a sector dominated by SME, declined by 40 percent between 1995 and 2014. Similar developments can be observed in several other European economies. Using a German dataset with 700,000 firm-level observations, we analyze this largely undiscovered phenomenon in professional services, the fourth largest sector of the business economy in the EU-15, ...
In:
Small Business Economics
59 (2022), 3, S. 1273–1299
| Alexander S. Kritikos, Alexander Schiersch, Caroline Stiel
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Referierte Aufsätze Web of Science
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to understand whether the personality of entrepreneurs drives the first hiring in their firms. Using the German Socio-Economic Panel (SOEP), we analyze to what extent personality traits influence the probability of becoming an employer. The results indicate that personality matters. ...
In:
Industrial and Corporate Change
31 (2022), 3, S. 736–761
| Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
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Referierte Aufsätze Web of Science
This study examines the prevalence of marital contracts across marriage cohorts (1990–2019) in Germany. We further investigate the characteristics of spouses who signed a marital contract. Using cross-sectional data from the German Family Panel (pairfam, 2018/19), we employ complementary log–log and multinomial logistic regression models to predict the prevalence and the type of marital contracts. ...
In:
European Journal of Population
38 (2022), 3, S. 353–375
| Theresa Nutz, Anika Nelles, Philipp M. Lersch
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Referierte Aufsätze Web of Science
This paper studies external sovereign bonds as an asset class. We compile a new database of 266,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering up to 91 countries. Our main insight is that, as in equity markets, the returns on external sovereign bonds have been sufficiently high to compensate for risk. Real ...
In:
The Quarterly Journal of Economics
137 (2022), 3, S. 1615–1680
| Josefin Meyer, Carmen M. Reinhart, Christoph Trebesch
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Referierte Aufsätze Web of Science
This randomized controlled trial examines the effect of a new finance training style during which participants are given personalized feedback on their financial business outcomes in addition to a rule-of-thumb training approach. We compare this with the effects of a rule-of-thumb training by itself and a control group. Targeting about 500 small entrepreneurs in Uganda, we find that the personalized ...
In:
Economic Development and Cultural Change
70 (2022), 3, S. 1197-1227
| Antonia Grohmann, Lukas Menkhoff, Helke Seitz
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Referierte Aufsätze Web of Science
In proxy vector autoregressive models, the structural shocks of interest are identified by an instrument. Although heteroscedasticity is occasionally allowed for in inference, it is typically taken for granted that the impact effects of the structural shocks are time-invariant despite the change in their variances. We develop a test for this implicit assumption and present evidence that the assumption ...
In:
Journal of Business & Economic Statistics
40 (2022), 3, S. 1268-1281
| Helmut Lütkepohl, Thore Schlaak
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Referierte Aufsätze Web of Science
Increasing nonresponse rates is a pressing issue for many longitudinal panel studies. Respondents frequently either refuse participation in single survey waves (temporary dropout) or discontinue participation altogether (permanent dropout). Contemporary statistical methods that are used to elucidate predictors of survey nonresponse are typically limited to small variable sets and ignore complex interaction ...
In:
Social Science Computer Review
40 (2022), 3, S. 678–699
| Sabine Zinn, Timo Gnambs
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Referierte Aufsätze Web of Science
A large body of empirical evidence has accumulated showing that the experience of old age is “younger,” more “agentic,” and “happier” than ever before. However, it is not yet known whether historical improvements in well-being, control beliefs, cognitive functioning, and other outcomes generalize to individuals’ views on their own aging process. To examine historical changes in such views on aging, ...
In:
Psychology and Aging
37 (2022), 3, S. 413-429
| Hans-Werner Wahl, Johanna Drewelies, Sandra Duezel, Margie E. Lachman, Jacqui Smith, Peter Eibich, Elisabeth Steinhagen-Thiessen, Ilja Demuth, Ulman Lindenberger, Gert G. Wagner, Nilam Ram, Denis Gerstorf