This study questions the popular stereotype that women are more risk averse than men in their financial investment decisions. The analysis is based on micro-level data from large-scale surveys of private households in five European countries. In our analysis of investment decisions, we directly account for individuals' self-perceivedwillingness to take financial risks. The empirical evidence we provide ...
Der vorliegende Beitrag untersucht auf Basis von Daten des Sozio-oekonomischen Panels für Deutschland (SOEP), inwieweit selbständige Ausländer in Deutschland überdurchschnittlich hohe Einkommen erzielen. Die Untersuchung zeigt, dass ausländische Selbständige insgesamt höhere Einkommen erzielen als angestellt tätige Ausländer und dass der Unterschied größer ist als bei Selbständigen deutscher Nationalität. ...
Questions about the advantages and disadvantages of sending young children to formal day care ("Kindertageseinrichtungen") have always greatly concerned parents and led to intense, if not always well informed, policy debate. Two issues have been foremost. One is whether young children removed from their parents' care for part of the day suffer long term emotional consequences, or whether on the contrary, ...
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper provides a robustness analysis of alternative measures of human capital available at the level of EU NUTS1 and ...
The extension of publicly provided or subsidized child care is currently one of the priorities of the political agenda in many European countries. In this article, the excess demand for subsidized child care slots in Germany is estimated using a partial observability model. The results show that there is considerable excess demand for child care for children aged less than 3 years in East and West ...
The paper investigates the role of human capital on immigrants' ethnic ties towards their home and host countries. Pre-migration characteristics dominate ethnic self-identification. Human capital acquired in the host country does not affect the attachment to the receiving country
In developed countries, obesity tends to be associated with worse labor market outcomes. One possible reason is that obesity leads to less human capital formation early in life. This paper investigates the association between obesity and the developmental functioning of children at younger ages (2-4 years) than ever previously examined. Data from the German Socio-Economic Panel Study are used to ...
Germany is known to have one of the lowest fertility rates among Western European countries and also relatively low employment rates of mothers with young children. Although these trends have been observed during the last decades, the German public has only recently begun discussing these issues. In order to reverse these trends, the German government recently passed a reform of the parental leave ...
We analyse preferences for public, private or mixed provision of childcare theoretically and empirically. We model childcare as a publicly provided private good. Richer households should prefer private provision to either pure public or mixed provision. If public provision redistributes from rich to poor, they should favour mixed over pure public provision, but if public provision redistributes from ...
