Previous studies on the impact of day care center attendance on child development have focused on quantitative aspects (e. g., capacity of the center). Yet the quality of a day care center is also relevant and is increasingly being discussed in the context of day care expansion. The discussion is often limited, however, to improving children?s skills and rarely addresses their health, although this ...
The financial crisis of 2007/8 was followed by the first contraction in the global economy since World War II: the Great Recession. This Recession not only lowered the average living standard, but, most likely, it also changed the shape of the income distribution. These effects are likely to differ by countries and societal groups. A conference on Crises and the...
The program of the 11th International German Socio-Economic Panel User Conference is available online now.60 presentations based on SOEP data will be given in 14 parallel sessions. The topics include health, income distribution, intergenerational studies and many more. Patricia McManus and Jaques Silber are the keynote speakers and two poster sessions provide more research results. The online program ...
Using the German Socio-Economic Panel with Understanding Society in cross-national comparative researchThis course is an initiative to promote cross-national comparative research on the basis of Understanding Society and one of its European sister studies, the German Socio-Economic Panel (SOEP). It is directed at new users of Understanding Society who will learn about similarities and differences in ...
The recent financial crisis has exposed the fragility of the banking sector to sudden withdrawals of wholesale funding, asset price declines and market dry-ups. Governments and central banks had to step in to prevent major banks from defaulting. These events led to renewed interest in the question whether the fragility of banks should be tolerated as a necessary, even desirable feature of an efficient ...
This research examines re-entry into the labour force for mothers after maternity leave. The empirical analysis focuses on the first twenty-two years of post-reunification Germany, using proportional hazards models. Results show that the re-entry into part-time employment is primarily affected by the mother’s own resources and former career, the return to full-time work is more linked to the partner’s ...
This study comprehensively assesses the immediate effects of extreme weather conditions and high concentrations of ambient air pollution on population health. For Germany and the years 1999 to 2008, we link the universe of all 170 million hospital admissions, along with all 8 million deaths, with weather and pollution data reported at the day-county level. Extreme heat significantly increases hospitalizations ...
This paper investigates whether there are bubbles in stock prices. We do this using a previously studied structural vector autoregressive (SVAR) model claiming to distinguish fundamental and non-fundamental shocks to real stock prices. TheSVAR model relies on an identification restriction in order to correctly label the shocks. We test this restriction by means of a Markov switching-SVAR (MS-SVAR) ...
