This paper evaluates the impact of a massive expansion of after-school programs (ASPs) on the labor market participation of mothers with primary school children in the West German context of relatively low full-time employment rates. Using an instrumental variables approach we exploit regional and temporal variation in the provision of federal ASP starting grants by a nationwide investment program. ...
In this paper, we examine the predictive ability of automatic and expert-rated media sentiment indicators for German inflation. We find that sentiment indicators are competitive in providing inflation forecasts against a large set of common macroeconomic and financial predictors. Sophisticated linguistic sentiment algorithms and business cycle news rated by experts perform best and are superior to ...
The presence of refugees in Germany and the challenges their integration poses have preoccupied the public for the past two years. According to the latest data of the Socio-Economic Panel (SOEP), many more people in Germany were concerned about migration and xenophobia last year than in 2013. The additional representative results of the Barometer of Public Opinion on Refugees in Germany in 2016 and ...
Mr. Eisnecker, have the population’s concerns about refugee migration grown or declined? We can conclusively say that in 2015 and 2016, the population was markedly more concerned about migration – and xenophobia as well. This statement is based on data from the Socio- Economic Panel (SOEP), a longitudinal survey, which has collected data on the population’s concerns on a range of ...
Early education has increasingly been prioritised within OECD countries’ policy agenda, with a growing focus on early education’s potential to narrow the social class gaps in child development. The positive impact of early provision depends upon a number of factors, however – including the influence of the peers with whom a child interacts. Emerging evidence suggests that peers...
Well-being (life satisfaction or happiness) is a latent variable that is impossible to observe directly. Moreover, it does not have a unit of measurement. Hence, survey questionnaires usually ask people to rate their well-being in different domains. The common practice of comparing well-being by means of averages or linear regressions ignores the fact that well-being is an ordinal variable. Since data ...
This paper assesses how far residential moves can result in improvement or deterioration of the housing and neighbourhood circumstances for families with young children. It uses data from the UK Millennium Cohort Study concentrating on the time between infancy and age 5, 2001 to 2006. First, we ask which families moved home and in what circumstances. We then examine how moving changed several aspects ...
Losing a spouse is among the most devastating events that may occur in people's lives. We use longitudinal data from 1,224 participants in the German Socio-economic Panel Study (SOEP) to examine (a) how life satisfaction changes with the experience of spousal loss; (b) whether socio-demographic factors and social and health resources moderate spousal loss-related changes in life satisfaction; and (c) ...