Search

Merger, Product Variety and Firm Entry: the Retail Craft Beer Market in California

Libra, Bitcoin & Co. – Determinants of Non-cash Payments and Alternative Money

Crypto currencies are booming. Data collection by Fintecs and other internet based companies isreality. Non-cash payments are common in many countries. Financial literacy is getting more andmore important for the economic life and understanding of transactions. The transformation of the monetary system towards more non-cash payments was part of this dynamic response to the necessary reduction of personal ...

SOEPcampus@Home

The German Socio-Economic Panel Study is a representative panel study for the German population, collecting data on a broad variety of topics of everyday life, including general wellbeing, household composition, educational aspirations and educational status, income and occupational biographies, leisure time activities, housing, health, political orientation and more. With its long running panel...

Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution

We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a standard measure of risk tolerance. We find that ...

The rise of common ownership: Europe vs the US

Common ownership - when an investor holds shares in two companies - has recently attracted significant attention from policy-makers and researchers, studying mainly US firms. European firms, however, are different as top investors with large stakes, like governments, founding families and foundations are much more prevalent. This paper takes a well-known common ownership measure derived from...

Common Ownership Patterns in the European Banking Sector – The Impact of the Financial Crisis

We provide a description of ownership patterns in the top 25 European banks for the period 2003–2015, where we especially focus on the global financial crisis. Investment managers, such as Blackrock, are dominant in terms of number of block holdings in different banks, maintaining fairly stable “common ownership” networks throughout our sample. However, the financial crisis led...

Women on the Move – Current Perspectives on Female Migration

Today, half of the world’s migrants are female, amounting to 114 million individuals in 2017. The intersection between migration and gender has profound consequences for individuals: gender affects, amongst others migration motifs, selection into migration, as well as decisions on destination countries. Further, the experiences in the host country are gender-specific and especially so when...

Parental Separation during Childhood and Adult Children’s Wealth

This study examines the association between parental separations during childhood and economic wealth of adult children. We provide a new test of this relationship and address two unresolved debates in the literature concerning (1) the pathways linking parental separation and adult children’s wealth and (2) the relevance of the timing of exposure. We use data from the Household, Income and Labour Dynamics ...

Assessment of German Public Attitudes toward Health Communications with Varying Degrees of Scientific Uncertainty Regarding COVID-19

This survey study assesses attitudes of the German public regarding COVID-19 health communications with varying degrees of scientific uncertainty.

Consequences of Overeducation among Career Starters in Germany: A Trap for the Vocationally Trained as well as for University Graduates?

Research on the consequences of starting in overeducation often focuses on either secondary or tertiary graduates. We focus on both within one country, Germany. While matching and search models imply the improvement of initial overeducation, human capital theory and stigma associated with overeducation predict entrapment. The strongly skill- and occupation-based labour market for the vocationally trained ...