In this dissertation, I study the role of labor supply in macroeconomic fluctations and the movement of employment in response to these fluctuations. The first chapter is a theoretical and empirical study of the role of firm-specific labor supply in amplifying business cycles. The second chapter focuses on measuring the aggregate labor supply elasticity at the extensive margin, using a novel survey ...
Pre-vaccine SARS-CoV-2 seroprevalence data from Germany are scarce outside hotspots, and socioeconomic disparities remained largely unexplored. The nationwide representative RKI-SOEP study (15,122 participants, 18–99 years, 54% women) investigated seroprevalence and testing in a supplementary wave of the Socio-Economic-Panel conducted predominantly in October–November 2020. Self-collected oral-nasal ...
Upon arrival to a new country, many immigrants face job downgrading, a phenomenon describing workers being in jobs far below where they would be assigned based on their skills. Downgrading leads to immigrants receiving lower returns to the same skills than natives. The level of downgrading could depend on the type of immigrant and numerous factors. This study examines the determinants of skill downgrading ...
This paper studies the evolution of three higher education wage differentials from 1996 to 2019 in Germany. We distinguish between degrees from academic universities, degrees from universities of applied sciences, and the master craftsman\craftswoman certificate. The educational reference category is a standard degree within the German vocational education and training system. Based on samples of male ...
To make profitable investment decisions, investors must know and understand their risks. They can learn about these risks in different ways. Evidence suggests that investors who learn from a “risk tool” simulator perceive financial risk more accurately, feel more informed and confident, and thus take on more financial risk. We attempt a conceptual replication of these findings, exploring whether they ...
Income and wealth disparities among older households were wider in the United States than in selected countries from 1998 through 2019, according to GAO's review of households headed by those 55 and older. For example, in 2007, the median, or “typical,” income of high-income older households in the United States was about 12 times greater than that of low-income households, compared to about 6 times ...
The start and end of a romantic relationship are associated with substantial changes in life satisfaction. Yet, whether Big Five personality traits moderate these relationship transition effects is hardly known. Such knowledge helps to understand individual variation in relationship transition effects and provides the possibility to further test the stress and social support explanations of these effects. ...