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We show that personality traits mediate the effect of income on Life Satisfaction. The effect is strong in the case of Neuroticism, which measures the sensitivity to threat and punishment, in both the British Household Panel Survey and the German Socioeconomic Panel. Neuroticism increases the usually observed concavity of the relationship: Individuals with higher Neuroticism score enjoy income more ...
Berlin:
DIW Berlin,
2012,
(SOEPpapers 453)
| Eugenio Proto, Aldo Rustichini
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We use personality traits to better understand the relationship between income and life satisfaction. Personality traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and punishment, is strong in both the British Household Panel Survey and the German Socioeconomic Panel. Neuroticism increases the usually observed concavity of the ...
In:
Journal of Economic Psychology
48 (2015), June 2015, 17-32
| Eugenio Proto, Aldo Rustichini
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In:
Economics Letters
99 (2008), 3, 449-453
| Helmut Rainer, Thomas Siedler
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In:
Journal of Comparative Economics
37 (2009), 2, 251–269
| Helmut Rainer, Thomas Siedler
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This paper formulates a model to explain how parental care responsibilities and family structure interact in affecting children's mobility characteristics. Our main result is that the mobility of young adults crucially depends on the presence of a sibling. Siblings compete in location and employment decisions to direct parental care decisions towards their preferred outcome. Only children are ...
In:
Economica
76 (2009), 303, 528-556
| Helmut Rainer, Thomas Siedler
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This paper empirically examines social network explanations for migration decisions in the context of German reunification. Using longitudinal data from the German Socio-Economic Panel, we first show that the presence of a family in West Germany is an important predictor for the migration hazard rate of East Germans. We then explore whether pre-migration networks have a discernible impact on the economic ...
In:
Economics of Transition
17 (2009), 4, 739–767
| Helmut Rainer, Tom Siedler
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Luxemburg:
Luxembourg Income Study (LIS),
1992,
(Luxembourg Income Study Working Paper No. 80)
| Lee Rainwater
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Luxemburg:
Luxembourg Income Study (LIS),
1993,
(Luxembourg Income Study Working Paper No. 89)
| Lee Rainwater
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In:
Heinz P. Galler, Gert G. Wagner ,
Empirische Forschung und wirtschaftspolitische Beratung
Frankfurt/New York: Campus
99-118
| Lee Rainwater, Timothy M. Smeeding
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In:
Jerome H. Skolnick, Elliot Currie ,
Crisis in American Institutions (11th Edition)
Boston: Allyn and Bacon
118-125
| Lee Rainwater, Timothy M. Smeeding