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Referierte Aufsätze Web of Science
The article analyses the empirical relationship between bank credit risk and sovereign credit risk in the euro area, using a system of simultaneous equations identified through heteroskedasticity. We first confirm a two-way causality between both risks, which amplifies initial credit risk shocks. We also document significant credit risk spillovers between sovereigns and banks in the periphery and the ...
In:
Review of Finance
23 (2019), 4, S. 745-775
| Marcel Fratzscher, Malte Rieth
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Referierte Aufsätze Web of Science
The research on wealth inequality has generally focused on real and financial assets, while giving little attention to pension wealth: the present value of future pension entitlements from public and company pension schemes. This is surprising given the important role pension plans play in guaranteeing material security and well‐being for a majority of the population, and suggests that they should ...
In:
The Review of Income and Wealth
65 (2019),4, S. 834-871
| Timm Bönke, Markus M. Grabka, Carsten Schröder, Edward N. Wolff, Lennard Zyska
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Referierte Aufsätze Web of Science
Despite skepticism among experts about the effects of a minimum wage, there is remarkably widespread public support for such policies. Using representative survey data from 2015 and 2016, we investigate the subjective attitudes driving public support for Germany's minimum-wage reform. We find that socioeconomic characteristics and political orientations explain a minor part of the variation in attitudes, ...
In:
Finanzarchiv
75 (2019),4, S. 357-379
| Alexandra Fedorets, Carsten Schröder
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Referierte Aufsätze Web of Science
Personality is a powerful predictor of central life outcomes, including subjective well-being. Yet, we still know little about how personality manifests in the very last years of life when well-being typically falls rapidly. Here, we investigate whether the Big Five personality traits buffer (or magnify) terminal decline in well-being beyond and in interaction with functioning in key physical and social ...
In:
Journal of Personality and Social Psychology
116 (2019), 4, S. 634-650
| Swantje Mueller, Jenny Wagner, Gert G. Wagner, Nilam Ram, Denis Gerstorf
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Referierte Aufsätze Web of Science
Study Objectives: To examine the changes in mothers’ and fathers’ sleep satisfaction and sleep duration across prepregnancy, pregnancy, and the postpartum period of up to 6 years after birth; it also sought to determine potential protective and risk factors for sleep during that time.Methods: Participants in a large population-representative panel study from Germany reported sleep satisfaction and ...
In:
Sleep
42 (2019), 4, S. 1-10
| David Richter, Michael D. Krämer, Nicole K. Y. Tang, Hawley E. Montgomery-Downs, Sakari Lemola
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Referierte Aufsätze Web of Science
Beyond money and possessions, how are the rich different from the general population? Drawing on a unique sample of high‐net‐worth individuals from Germany (≥1 million Euro in financial assets; N = 130), nationally representative data (N = 22,981), and an additional online panel (N = 690), we provide the first direct investigation of the stereotypically perceived and self‐reported personality profiles ...
In:
British Journal of Psychology
110 (2019), 4, S. 769-789
| Marius Leckelt, David Richter, Carsten Schröder, Albrecht C. P. Küfner, Markus M. Grabka, Mitja D. Back
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Referierte Aufsätze Web of Science
In contrast to the assumptions of standard economic theory, recent experimental evi-dence shows that the income of peers has a systematic impact on observed degrees of risk aversion. This paper reports the findings of two experiments examining the impact of income inequality on risk preferences and whether the knowledge of inequality mediates the decisions. In Experiment 1, participants who were recruited ...
In:
Theory and Decision
87 (2019), 3, S. 283–297
| Ulrich Schmidt, Levent Neyse, Milda Aleknonyte
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Referierte Aufsätze Web of Science
We introduce a command, fayherriot, that implements the Fay–Herriot model (Fay and Herriot, 1979, Journal of the American Statistical Association 74: 269–277), which is a small-area estimation technique (Rao and Molina, 2015, Small Area Estimation), in Stata. The Fay–Herriot model improves the precision of area-level direct estimates using area-level covariates. It belongs to the class of linear mixed ...
In:
The Stata Journal
19 (2019), 3, S. 626-644
| Christoph Halbmeier, Ann-Kristin Kreutzmann, Timo Schmid, Carsten Schröder
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Referierte Aufsätze Web of Science
Our study analyzes the fertility effects of the 1994 genocide in Rwanda. We study the effects of violence on both the duration time to the first birth in the early post-genocide period and on the total number of post-genocide births per woman up to 15 years following the conflict. We use individual-level data from Demographic and Health Surveys, estimating survival and count data models. This article ...
In:
Demography
56 (2019), 3, S. 935-968
| Kati Krähnert, Tilman Brück, Michele Di Maio, Roberto Nisticò
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Referierte Aufsätze Web of Science
The availability of childcare is a crucial factor for mothers’ labour force participation. While most of the literature examines childcare for preschool children, we specifically focus on primary school-aged children, estimating the effect of formal afternoon care on maternal labour supply. To do so, we use a novel matching technique, entropy balancing, and draw on the rich and longitudinal data of ...
In:
Empirical Economics
57 (2019), 3, S. 769-803
| Ludovica Gambaro, Jan Marcus, Frauke H. Peter