The present study calculates variable, cross-sectional as well as longitudinal equivalence scales on the basis of the German 1984-2010 Socio-Economic Panel (SOEP) database for West Germany. It follows the "individual variant" for calculating subjective equivalence scales using "life satisfaction" as a proxy variable for "utility". The cross-sectional scale estimates are characterized by relatively ...
The effects of childbirth on future labor market outcomes are a key issue for policy discussion. This paper implements a dynamic treatment approach to estimate the effect of having the first child now versus later on future employment for the case of Germany, a country with a long maternity leave coverage. Effect heterogeneity is assessed by estimating ex post outcome regressions. Based on SOEP data, ...
DIW Berlin and CEPR will host the conference on the role of the European Central Bank and its bond purchasing programme OMT. The Conference is thought as a forum to discuss the arguments pro and con and also to point out ways out of the crisis.Organising InstitutionsCentre for Economic Policy Research (CEPR) and the German Institute for Economic Research (DIW Berlin)OrganizersMarcel Fratzscher,...
Please register by email at Nicole Haase.
This cumulative dissertation consists of four papers. Each paper makes an independent contribution to the literature by investigating the impact of one particular factor on health. The first paper shows that job loss increases body weight (slightly) and the risk of starting smoking (considerably). The related second paper reveals that unemployment decreases the mental health of spouses almost as much ...
This thesis comprises four chapters and investigates the relationship between individuals' education, health risks, and economic outcomes in Germany. The main contributions to the economic literature are twofold: i) Robust evidence for the causal effect of education on health risks is provided and ii) the implications of health risks for individuals' economic outcomes are quantified from a life-cycle ...
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance schemes. I rely on a dynamic programming ...
We assess the relevance of formal education on the productivity of the self-employed, distinguishing between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to education between these groups due to different levels of control over the use of their human capital. The analysis ...
