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This paper is the first to use national representative panel data to demonstrate that individuals do not adapt to high income in the long run: after five or more years, the life satisfaction of high-income people is still higher than that of the average population. Using entropy balancing (EB) matching and Lasso variable selection to reweight the control group yields similar results.
In:
Economics Letters
206 (2021), 109995
| Jianbo Luo
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Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income but a broader spectrum of dimensions is required to draw the picture of multiple facets of individual life. In our study of multidimensional polarization we extend the income dimension by time, a pre-requisite and fundamental resource of any individual activity. In particular, we ...
Bonn:
Institute of Labor Economics (IZA),
2021,
(IZA DP No. 14870)
| Joachim Merz, Bettina Scherg
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Major depression is a severe mental disorder that is associated with strongly increased mortality. The quantification of its prevalence on regional levels represents an important indicator for public health reporting. In addition to that, it marks a crucial basis for further explorative studies regarding environmental determinants of the condition. However, assessing the distribution of major depression ...
In:
Psychometrika
87 (2022), 1, 344-368
| Domingo Morales, Joscha Krause, Jan Pablo Burgard
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We measure extensive-margin labor supply (employment) preferences in two representative surveys of the U.S. and German populations. We elicit reservation raises: the percent wage change that renders a given individual indifferent between employment and nonemployment. It is equal to her reservation wage divided by her actual, or potential, wage. The reservation raise distribution is the nonparametric ...
Berkeley:
2021,
(Working Paper)
| Preston Mui, Benjamin Schoefer
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This paper studies the evolution of three higher education wage differentials from 1996 to 2019 in Germany, a period when significant changes in the educational composition of the workforce took place. Based on regression analysis and samples of male and female workers from the Socio-Economic Panel Study, the study finds that while all three educational wage differentials increased, workers graduating ...
Mannheim:
Leibniz-Zentrum für Europäische Wirtschaftsforschung (ZEW),
2021,
(ZEW Discussion Paper No. 21-066)
| Jessica Ordemann, Friedhelm Pfeiffer
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The article explores key issues for a social history of Western European working classes during the last three decades of the twentieth century, starting from a comparative examination of the West German and French cases. The scope of deindustrialization and its social consequences (mass unemployment and growing regional disparities) is the first issue; the transformation of work processes in manufacturing ...
In:
German History
30 (2012), 1, 100-119
| Lutz Raphael
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Usually, it is expected that income increases life satisfaction. In recent years tough, research emerged that shows how subjective well-being, including satisfaction, influences objective measures, as for example income. This would then require explicit identification strategies for estimating effects of income on life satisfaction. I address this issue using German SOEP data and Lewbel’s (2012) method, ...
Berlin:
DIW Berlin,
2021,
(SOEPpapers 1143)
| Susanne Elsas
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This study aims to investigate how test scores from PIAAC (Programme for the International Assessment of Adult Competencies) can be interpreted, by comparing the PIAAC competencies literacy and numeracy to reasoning and perceptual speed. Dimensionality analyses supported, that the PIAAC competencies can be separated into a common factor overlapping with reasoning and perceptual speed, and domain-specific ...
In:
Studies in Educational Evaluation
71 (2021), 101069
| Lena Engelhardt, Frank Goldhammer, Oliver Lüdtke, Olaf Köller, Jürgen Baumert, Claus H. Carstensen
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Loneliness levels were assessed in a longitudinal, nationwide sample (N total = 6,010) collected over the course of the first 3 months of the COVID-19 pandemic in Germany. When in-person social contact restrictions were put in place, loneliness increased significantly compared to prepandemic levels but began to decrease again even before contact restrictions were eased. The loneliness costs were distributed ...
In:
Social Psychological and Personality Science
13 (2022), 3, 769-780
| Theresa M. Entringer, Samuel D. Gosling
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This paper explores inequalities in IQ and economic preferences between children from families of high and low socioeconomic status (SES). We document that children from high-SES families are more intelligent, patient, and altruistic as well as less risk seeking. To understand the underlying mechanisms, we propose a framework of how SES, parental investments, as well as maternal IQ and preferences ...
In:
Journal of Political Economy
129 (2021), 9, 2504-2545
| Armin Falk, Fabian Kosse, Pia Pinger, Hannah Schildberg-Hörisch, Thomas Deckers