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SOEPpapers 1113 / 2020
We analyze workers’ risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpin-ning training decisions. Investment risk leads risk-averse workers to train less; they undertake more training if it insures them against future losses. We use the German Socio-Economic Panel (SOEP) to demonstrate that risk affinity is ...
2020| Marco Caliendo, Deborah A. Cobb-Clark, Cosima Obst, Arne Uhlendorff
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DIW Discussion Papers 1914 / 2020
About two billion people in the world do not own a financial account and there are many more who use financial services only occasionally. In the past, initiatives which address these problems of financial exclusion focused on the supply side of financial markets, in particular by increasing the branch network of banks and by offering cheap bank products. While this had the desired effect, recent ...
2020| Antonia Grohmann, Lukas Menkhoff
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SOEPpapers 1112 / 2020
Commonly described as the “gender care gap”, there is a persistent gender difference in the division of domestic responsibilities in most developed countries. We provide novel evidence on the short- and long-run effects of an exogenous shock on paternal availability, through a job loss, on the allocation of domestic work within couples. We find that paternal child care and housework significantly increase ...
2020| Juliane Hennecke, Astrid Pape
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DIW Discussion Papers 1912 / 2020
We study the role of financial literacy for inter-temporal decision-making using an adapted version of the Convex Time Budget Protocol (Andreoni and Sprenger 2012). While we find no evidence of dynamically inconsistent preferences in the aggregate, we document substantial heterogeneity in choice-patterns and estimated parameters at the individual-level: We find that subjects with higher levels of financial ...
2020| Luis Oberrauch, Tim Kaiser
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Refereed essays Web of Science
This study develops and applies a framework for analyzing variability in individuals’ occupational prestige trajectories and changes in average variability between birth cohorts. It extends previous literature focused on typical patterns of intragenerational mobility over the life course to more fully examine intracohort differentiation. Analyses are based on rich life course data for men and women ...
In:
American Sociological Review
85 (2020), 6, S. 1084–1116
| Philipp M. Lersch, Wiebke Schulz, George Leckie
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DIW Discussion Papers 1877 / 2020
This paper uses a panel of German individuals and highly granular pollution data to test if air pollution affects adults’ well-being indirectly through the health of their children. Results show that ozone decreases the well-being of individuals with children while not affecting persons without kids. We confirm the same effect for fine particulate matter and sulfur dioxide. Concerning the mechanism, ...
2020| Julia Rechlitz, Luis Sarmiento, Aleksandar Zaklan
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DIW Weekly Report 21/22 / 2020
Mobile money is an innovation that allows financial transactions to be performed via a cell phone. Even in poor regions of Africa, almost everyone has a cell phone; therefore, mobile money could both contribute to the continent’s economic growth and ensure that no Africans are excluded from access to financial services. However, DIW Berlin data from Uganda show that mobile money is actually used less ...
2020| Katharina Lehmann-Uschner, Lukas Menkhoff
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DIW Applied Micro Seminar
Abstract: Through social interaction in the workplace, coworkers are likely to learn from each other (knowledge spillover) and this may extend the returns to firm-provided training from trained workers onto untrained coworkers. Based on German matched-employer employee data covering the universe of employees we investigate whether unskilled workers derive long-term career benefits if they were...
13.12.2019| Thomas Cornelissen, University of York
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Workshop
Educational outcomes are crucial for social participation and labor market opportunities. To develop strategies to improve people’s social and economic prospects, governments are increasingly interested in international comparisons of educational opportunities and outcomes. The workshop ‘Comparative Analysis of Longitudinal Data on Educational Outcomes’ aims to describe and...
27.11.2019
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DIW Applied Micro Seminar
Abstract: Increasing mothers’ labour supply in a child’s preschool years can cause a reduction in time investments that can lead to a negative direct effect on mid-childhood and teenage outcomes. As mothers’ work hours increase, income will rise and we ask whether income can compensate for the negative effect of hours by adopting a novel mediation analysis that exploits exogenous...
15.11.2019| Emma Tominey, University of York