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Refereed essays Web of Science
Early warning systems (EWSs) are widely used to assess a country’s vulnerability to fiscal distress. A fiscal distress episode is identified as a period when government experiences extreme funding difficulties. Most EWSs employ a specific set of only fiscal leading indicators predetermined by the researchers, which casts doubt on their robustness. We revisit this issue using extreme bounds analysis, ...
In:
Journal of Applied Economics
50 (2018), 13, S. 1454-1478
| Martin Bruns, Tigran Poghosyan
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Refereed essays Web of Science
General well-being is known to deteriorate sharply at the end of life. However, it is an open question howrates of terminal change differ across affective and evaluative facets of well-being and if individualdifference correlates operate in facet-specific ways. We examined how discrete affective states (happy,angry, fearful, sad) and satisfaction with key life domains (health, leisure, family) change ...
In:
Developmental Psychology
54 (2018), 12, S. 2382-2402
| Denis Gerstorf, Gizem Hülür, Gert G. Wagner, Ute Kunzmann, Nilam Ram
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Refereed essays Web of Science
This study investigates the importance of social norms for shaping women's and men's decision to participate in the stock market, aiming to disentangle the different channels playing a role in this decision. Gender role asymmetry is indicated by the country's rank in the gender equality index of the World Economic Forum. Using data from four national household surveys, we find that in Italy – the country ...
In:
The European Journal of Finance
24 (2018), 12, S. 1026-1046
| Nataliya Barasinska, Dorothea Schäfer
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Refereed essays Web of Science
Objective: This study examines how changes in cohabitation or marital status affect Body Mass Index (BMI) over time in a large representative sample. Method: Participants were 20,950 individuals (50% female; 19 to 100 years), representative of the German population, who provided 81,926 observations over 16 years. Face-to-face interviews were used to obtain demographic data, including cohabitation and ...
In:
Health Psychology
37 (2018),10, S. 948-958
| Jutta Mata, Thorsten Schneider, David Richter, Ralph Hertwig
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Refereed essays Web of Science
Objectives (1) To describe the accessibility of general practitioners (GPs) by the German population; (2) to determine factors on individual and area level, such as settlement structure and area deprivation, which are associated with the walking distance to a GP; and (3) to identify factors that may cause differences in the utilisation of any doctors.Design Cross-sectional study using individual survey ...
In:
BMJ Open
8 (2018), 10, e021036, 10 S.
| Gregory Gordon Greiner, Lars Schwettmann, Jan Goebel, Werner Maier
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Refereed essays Web of Science
Many informal caregivers are of working age, facing the double burden of providing care and working. Negative labor supply effects can severely reduce the comparative cost advantage of informal over formal care arrangements. When designing long‐term care (LTC) policies, it is crucial to understand the effects not only on health outcomes but also on labor supply behavior of informal caregivers. We evaluate ...
In:
Health Economics
27 (2018), 9, S. 1328-1339
| Johannes Geyer, Thorben Korfhage
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Refereed essays Web of Science
In this comment on Callen et al. (2014), I revisit recent evidence uncovering a "preference for certainty" in violation of dominant normative and descriptive theories of decision-making under risk. I show that the empirical findings are potentially confounded by systematic noise. I then develop choice lists that allow me to disentangle these different explanations. Experimental results obtained with ...
In:
The American Economic Review
108 (2018), 8, S. 2366-2382
| Ferdinand Vieider
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Refereed essays Web of Science
Problem gambling is a serious socioeconomic problem involving high individual and social costs. In this article, we study risk preferences of problem gamblers including their risk attitudes in the gain and loss domains, their weighting of probabilities, and their degree of loss aversion. Our findings indicate that problem gamblers are systematically more risk taking and less sensitive toward changes ...
In:
Journal of Experimental Psychology : General
147 (2018), 8, S. 1241-1255
| Patrick Ring, Catharina C. Probst, Levent Neyse, Stephan Wolff, Christian Kaernbach, Thilo van Eimeren, Colin F. Camerer, Ulrich Schmidt
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Refereed essays Web of Science
Does the mere presence of big banks affect macroeconomic outcomes? We develop a theory of granularity for the banking sector by modeling heterogeneous banks charging variable markups. Using data for a large set of countries, we show that the banking sector is indeed “granular,” as the right tail of the bank size distribution follows a power law. We demonstrate empirically that the presence of big banks, ...
In:
Journal of Money, Credit and Banking
50 (2018), 8, S. 1785-1825
| Franziska Bremus, Claudia M. Buch, Katheryn N. Russ, Monika Schnitzer
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Refereed essays Web of Science
Happiness is considered a highly desirable attribute, but whether or not individuals can actively steer their lives toward greater well-being is an open empirical question. In this study, respondents from a representative German sample reported, in text format, ideas for how they could improve their life satisfaction. We investigated which of these ideas predicted changes in life satisfaction 1 year ...
In:
Psychological Science
29 (2018), 8, S. 1291–1298
| Julia M. Rohrer, David Richter, Martin Brümmer, Gert G. Wagner, Stefan C. Schmukle