Topic Inequality

Essays in Applied Economics

This dissertation consists of five independent chapters contributing to the field of applied economics. The first three chapters analyze workers' perceptions of the wage penalty associated with working part-time, further evaluating the labor supply implications of biased beliefs. Chapter 4 quantifies the effects of raising the normal retirement age on the career trajectories of middle-aged workers ...

(Unintended) Consequences of Social and Family Policies on Health and Well-Being: Five Essays in Health and Family Economics

Diese Dissertation besteht aus fünf unabhängigen Kapiteln, die einen Beitrag zur Literatur im Bereich der Gesundheits- und Familienökonomie leisten. Das Hauptthema ist die Frage, wie sich sozial- und familienpolitische Maßnahmen auf die Gesundheit und das Wohlbefinden von verschiedenen Generationen - Kindern, Eltern und Großeltern - auswirken.Kapitel 2 analysiert den kausalen Effekt einer Anhebung ...

Accounting for Pension Wealth, the Missing Rich and Under-coverage: A Comprehensive Wealth Distribution for Germany

This study constructs a comprehensive wealth distribution for Germany to inform debate in Germany and internationally on the distribution of wealth including pension entitlements. We estimate the net present value of pension wealth in Germany in 2012 and 2017 using Socio-Economic Panel (SOEP) data. When including pension wealth, German households’ wealth-income ratio increases from 570% to 850% in ...

Socioeconomic Differences in SARS-CoV-2 Infection and Vaccination in Germany: A Seroepidemiological Study After One Year of COVID-19 Vaccination Campaign

Objective: To evaluate the socioeconomic patterns of SARS-CoV-2 antigen contacts through infection, vaccination or both (“hybrid immunity”) after 1 year of vaccination campaign.Methods: Data were derived from the German seroepidemiological Corona Monitoring Nationwide study (RKI-SOEP-2; n = 10,448; November 2021–February 2022). Combining serological and self-report data, we estimated adjusted prevalence ...

Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution

This study quantifies the distributional effects of the minimum wage introduced in Germany in 2015. Using detailed Socio-Economic Panel survey data, we assess changes in the hourly wages, working hours, and monthly wages of employees who were entitled to be paid the minimum wage. We employ a difference-in-differences analysis, exploiting regional variation in the “bite” of the minimum wage. At the ...

Ukrainian Refugees in Germany: Evidence From a Large Representative Survey

This study describes the first wave of the IAB-BiB/FReDA-BAMF-SOEP Survey on Ukrainian Refugees in Germany, a unique panel dataset based on over 11,000 interviews conducted between August and October 2022. The aim of the IAB-BiB/FReDA-BAMF-SOEP Survey is to provide a data-infrastructure for theory-driven and evidence-based research on various aspects of integration among Ukrainian refugees in Germany, ...

Self-Efficacy and Entrepreneurial Performance of Start-Ups

Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the influence of the task-related construct of entrepreneurial self-efficacy, we take a different perspective and ...

Shlomo Yitzhaki (1944–2023): In Memoriam

Despite Crises, the Stability of the Euro Is Rooted in the Middle Class

In the 24 years since its introduction, the euro has experienced a financial crisis, a government debt crisis, a global pandemic, and an energy crisis—and survived. Using a model focusing on households, this Weekly Report shows that the monetary union’s stability is rooted in the fact that the middle class neither gains nor loses significantly relative to an independent currency following business ...

Causal Misperceptions of the Part-time Pay Gap

In this paper, we analyze if an increase in the working life leads to more human capital investment via on-the-job training. We obtain RDD-estimates from a sharp date-of-birth cut-off, generated by a pension reform that increased the Early Retirement Age (ERA) by three years for many women in Germany. In our preferred specification, we find that this reform causally increased on-the-job training by ...