Subjective well-being (SWB) is generally argued to rise with relative income. However, direct evidence is scarce on whether and how intensively individuals undertake income comparisons, to whom they relate, and what they perceive their relative income to be. In this paper, novel data with direct information on income comparison intensity and perceived relative income with respect to predetermined reference ...
While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting couples men's net worth, on average, is 33,000 euros higher than women's. We look at five different sets of factors ...
Bonn:
IZA,
2013,
26 S.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 7637)
| Markus M. Grabka, Jan Marcus, Eva Sierminska
We investigate whether non-cognitive skills - in particular Locus of Control - are important determinants of the labour market processes at the low-wage margin. Based on data from the German Socio-Economic Panel, we estimate dynamic multinomial logit models with random effects and investigate whether Locus of Control influences the probability of being higher-paid or low-paid as well as the probability ...
In:
Janet C. Gornick, Markus Jäntti (Eds.) ,
Income Inequality
Stanford, Calif. : Stanford University Press
S. 362-385
| Joachim R. Frick, Markus M. Grabka
The aim of this study is to estimate the causal effect of family size on the proximity between older mothers and adult children by using a large administrative data set from Sweden. Our main results show that adult children in Sweden are not constrained by sibship size in choosing where to live: for families with more than one child, sibship size does not affect child-mother proximity. For aging parents, ...
In:
Demography
50 (2013), 3, S. 903-931
| Helena Holmlund, Helmut Rainer, Thomas Siedler
Numerous people in Germany, including politicians and researchers, believe that the gross domestic product (GDP) is an outdated indicator of a society's prosperity. Therefore, at the end of 2010, the German Bundestag, the federal parliament, established a study commission (Enquete-Kommission) tasked with developing an alternative to the GDP for measuring growth, prosperity, and quality of life. This ...
Berlin:
RatSWD,
2013,
18 S.
(RatSWD Working Paper Series ; 217)
| Marco Giesselmann, Richard Hilmer, Nico A. Siegel, Gert G. Wagner
For many years, securing equal life opportunities has been a normative goal shared by all democratic societies in the western world. Although, in principle, all citizens enjoy the same rights, in reality, individual life opportunities still vary according to family background which, in turn, shapes the prevailing pattern of social inequality. This is not a specifically German phenomenon. Based on a ...