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This paper demonstrates that locus of control, i.e. whether individuals believe that reinforcement in life comes from their own actions instead of being determined by luck or destiny, is an important predictor of the decision to obtain higher education. Furthermore, the authors find that premarket locus of control, defined as locus of control measured at the time of schooling – before the individual ...
Berlin:
DIW Berlin,
2010,
(SOEPpapers 338)
| Rémi Piatek, Pia Pinger
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Factor structure models are widely used in economics to extract latent variables, such as personality traits, and to measure their impact on outcomes of interest. The identification and inference of these models, however, highly depend on the availability of rich longitudinal data. To overcome the common problem of data scarcity, this paper proposes to combine datasets that each identify some part ...
In:
Journal of Applied Econometrics
31 (2016), 4, 734-755
| Rémi Piatek, Pia Pinger
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This paper proposes a test for the existence and the degree of contagious presenteeism and negative externalities in sickness insurance schemes. First, we theoretically decompose moral hazard into shirking and contagious presenteeism behavior. Then we derive testable conditions for reduced shirking, increased presenteeism, and the level of overall moral hazard when benefits are cut. We implement the ...
Bonn:
Institute for the Study of Labor (IZA),
2015,
(IZA DP No. 8850)
| Stefan Pichler, Nicolas R. Ziebarth
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This paper studies how both pension systems and well-being at work can be improved to postpone retirement in European households. The analysis draws on the first 8 waves (1994-2001) of the European Community Household Panel (ECHP). Option values for retirement are constructed from a pool of four countries: Finland, Belgium, Germany and Spain, all relying on public-sector mandated pensions. The pooled ...
Brussels:
CEPS,
2008,
(ENEPRI Research Report No. 61 - AIM)
| Hannu Piekkola
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To equalize differences in health plan premiums due to differences in risk pools, the German legislature introduced a simple Risk Adjustment Scheme (RAS) based on age, gender and disability status in 1994. In addition, effective 1996, consumers gained the freedom to choose among hundreds of existing health plans, across employers and state-borders. This paper (a) estimates RAS pass-through rates on ...
In:
Journal of Health Economics
56 (2017), December 2017, 330-351
| Adam Pilny, Ansgar Wübker, Nicolas R. Ziebarth
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Economic crises are particularly detrimental if they affect next-generation human capital. This paper investigates how paternal unemployment affects children’s educational attainment, using variation in the local unemployment rate to identify the unemployment effect. To this end, I match German representative household data with labor market information on 97 regions for the years 1998-2009. Paternal ...
Stockholm:
Nationalekonomiska institutionen, Stockholm University,
2013,
(Job Market Paper)
| Pia R. Pinger
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Using a representative sample of the German adult population, this paper investigates the extent to which a survey measure of present bias predicts present-biased choice behavior in incentive-compatible experiments and real-world outcomes related to investments in financial assets and human capital. The results are threefold. First, the survey and experimental measures of present bias are significantly ...
In:
Economics Bulletin
37 (2017), 3, 2162-2172
| Pia R. Pinger
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Contradictory positions have been advanced as to whether retirement has negative, positive, or no effects on subjective well-being. The authors investigated changes in life satisfaction in 1,456 German retirees. Using latent growth mixture modeling, the authors found 3 groups of people who experienced retirement differently. In Group 1, satisfaction declined at retirement but continued on a stable ...
In:
Psychology and Aging
22 (2007), 3, 442-455
| Martin Pinquart, Ines Schindler
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This study analyzes patterns of change in leisure satisfaction in the transition to retirement in 1,456 German retirees. Using latent growth mixture modeling, three patterns are identified. The largest subgroup shows a linear increase in leisure satisfaction during the four years prior to retirement and in the first months of retirement, followed by stability thereafter. Two smaller groups show no ...
In:
Leisure Sciences
31 (2009), 4, 311-329
| Martin Pinquart, Ines Schindler
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In this paper, I estimate the causal effect that an additional year of schooling for parents has on their children's education, by exploiting a compulsory schooling reform that was implemented in all West German states between 1946 and 1969. Although previous research indicates that the reform had no effect on earnings, I find that an additional year of schooling for women strongly affects the ...
In:
Scandinavian Journal of Economics
116 (2014), 3, 878-907
| Marc Piopiunik