Publications Based on SOEP Data: SOEPlit

Structuring the HILDA Panel: Considerations and Suggestions

Maternity Leave and its Consequences for Subsequent Careers in Germany

Subject of this paper is the investigation of wage developments of women interrupting their careers for giving birth to children in comparison to men's wages not facing a parental interruption. We estimate OLS regression models for different subcategories defined by age and point in time. We use data from the German Socioeconomic Panel from 1984 to 2011 to show the importance of legal job protection ...

Young and Out in Germany (On Youths? Chances of Labor Market Entrance in Germany)

Wages in the East German Transition Process - Facts and Explanations

We analyze wage developments in the East German transition process both at the macro and at the microeconomic level. At the macroeconomic level, we draw special attention to the important distinction between product and consumption wages, describe the development of various wage measures, labor productivity and unit labor costs in East Germany in relation to West Germany, and relate these developments ...

The Relation between Divorce and Wealth (Dissertation)

The impact of household capital income on income inequality - a factor decomposition analysis for the UK, Germany and the USA

This paper analyses the contribution of capital income to income inequality in a cross-national comparison. Using micro-data from the Cross-National Equivalent File (CNEF) for three prominent panel studies, namely the BHPS for the UK, the SOEP for West Germany, and the PSID for the USA, we use the factor decomposition method described by Shorrocks (Econometrica 50:193–211, 1982). The factor decomposition ...

Integrating Refugees: A Long-Term, Worthwhile Investment

The debate about the massive influx of refugees into Germany often focuses solely on the short-term costs. But while these expenditures are bound to be substantial inthe coming years, the discussion neglects the long-term economic potential of a successful integration of refugees—often, young people—which can transform the initial expenditure into a worthwhile investment. Even if many of the refugees’ ...

Tax-Favored Retirement Accounts: Are they Efficient in Increasing Savings and Growth?

The paper aims to assess tax-favored retirement accounts in a general-equilibrium overlapping-generations economy with idiosyncratic income risk and borrowing constraints. Our simulations indicate that tax-favored retirement accounts as implemented in many OECD countries will have a significant impact on savings and transitional capital accumulation. In our most preferred specification, the latter ...

Generational Policy and Aging in Closed and Open Dynamic General Equilibrium Models

This chapter examines the micro- and macroeconomic effects of generational policies using closed and open general equilibrium dynamic life-cycle models. The models illustrate the broad array of demographic, economic, and policy issues that can be simultaneously incorporated within today’s computable models of economic growth. The list includes country-specific tax, spending, social security, healthcare ...

Marital Risk, Family Insurance, and Public Policy

The present paper aims to quantify the growth and welfare consequences of changing family structures in western societies. For this reason we develop a dynamic general equilibrium model with both genders which takes into account changes of the marital status as a stochastic process. Individuals respond to these shocks by adjusting savings and labor supply. Our quantitative results indicate that the ...