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  • Cohort Differences in Adult-Life Trajectories of Internal and External Control Beliefs: A Tale of More and Better Maintained Internal Control and Fewer External Constraints

    Lifespan theory posits that socio-historical contexts shape individual development. Inline with this proposition, cohort differences favoring later-born cohorts have beenwidely documented for cognition and health. However, little is known about historicalchange in how key resources of psychosocial functioning such as control beliefsdevelop in old age. We pooled data from three independent samples: ...

    In: Psychology and Aging 34 (2019), 8, 1090-1108 | Denis Gerstorf, Johanna Drewelies, Sandra Düzel, Jacqui Smith, Hans-Werner Wahl, Oliver Schilling, Ute Kunzmann, Jelena S. Siebert, Martin Katzorrek, Peter Eibich, Ilja Demuth, Elisabeth Steinhagen-Thiessen, Gert G. Wagner, Ulman Lindenberger, Jutta Heckhausen, Nilam Ram
  • Getting the Within Estimator of Cross-level Interactions in Multilevel Models with Pooled Cross-sections: Why Country Dummies (Sometimes) Do Not Do the Job

    Multilevel models with persons nested in countries are increasingly popular in cross-country research. Recently, social scientists have started to analyze data with a three-level structure: persons at level 1, nested in year-specific country samples at level 2, nested in countries at level 3. By using a country fixed-effects estimator, or an alternative equivalent specification in a random-effects ...

    In: Sociological Methodology 111 (2019), 166-190 | Marco Giesselmann, Alexander Schmidt-Catran
  • Parenthood and smoking

    Parents’ smoking is harmful to infants’ health. While it is well established that the fraction of mothers smoking during pregnancy is non-negligible, it is an open question of how many parents actually quit smoking to account for the adverse health effects accruing to their offspring. It is also unknown for how long smoking is reduced after first childbirth. This paper investigates these questions ...

    In: Economics & Human Biology 38 (2020), August 2020, 100874 | Katja Görlitz, Marcus Tamm
  • Drinking is Different! Examining the Role of Locus of Control for Alcohol Consumption

    Unhealthy behavior can be extremely costly from a micro- and macroeconomic perspective and exploring the determinants of such behavior is highly important from an economist’s point of view. We examine whether locus of control (LOC) can explain alcohol consumption as an important domain of health behavior. LOC measures how much an individual believes in the causal relationship between her own actions ...

    In: Empirical Economics 63 (2022), 5, 2785-2815 | Marco Caliendo, Juliane Hennecke
  • Four Decades of the Economics of Happiness: Where Next?

    There has been explosive growth in the analysis of subjective well-being in Economics over the past 40 years. This article reviews some of this growth, and suggests a number of domains in which future research may proceed.

    In: Review of Income and Wealth 64 (2018), 2, 245-269 | Andrew E. Clark
  • Relative Pay, Rank and Happiness: A Comparison Between Genders and Part- and Full-Time Employees

    This paper investigates the effects of comparison pay on job and life satisfaction with longitudinal survey data from Germany. I use linear fixed effects models to account for unobserved heterogeneity and define the reference groups as individuals within the same occupation and industry. Men and women are expected to behave differently to comparison pay and are therefore investigated separately. Additionally, ...

    In: Journal of Happiness Studies 20 (2019), 1, 67-80 | Matthias Collischon
  • Precariousness among solo self-employed workers: a German-Dutch comparison

    In this article we compare solo self-employment in Germany and the Netherlands. We identify parallels and differences in the structure of solo self-employment and examine to what extent self-employment is related to a precarious situation in terms of earnings and social security. The results show that solo self-employed workers are relatively vulnerable in terms of income and disability insurance in ...

    In: Journal of Poverty and Social Justice 27 (2019), 2, 177-197 | Wieteke Conen, Karin Schulze Buschoff
  • Money and Happiness: Income, Wealth and Subjective Well-Being

    We examine the complex relationship between money and happiness. We find that both permanent income and wealth are better predictors of life satisfaction than current income and wealth. They matter not only in absolute terms but also in comparative terms. However, their relative impacts differ. The first exerts a comparison effect—the higher the permanent income of the reference group, the lower life ...

    In: Social Indicators Research 148 (2020), 1, 47-66 | Conchita D'Ambrosio, Markus Jäntti, Anthony Lepinteur
  • Delegation with a Reciprocal Agent

    We consider a model in which a principal may delegate the choice of a project to a better informed agent. The preferences of the agent and the principal about which project should be undertaken may be discordant. Moreover, the agent benefits from being granted more discretion in the project choice and may be motivated by reciprocity. We find that the relationship between the agent’s reciprocity and ...

    In: Journal of Law, Economics, and Organization 35 (2019), 3, 651-695 | Alessandro De Chiara, Ester Manna
  • Prosociality and Risk Preferences in the Financial Sector

    Using large-scale data from the German Socio-Economic Panel (SOEP), this paper finds that financial professionals have a lower prosociality and riskier behavior than a control group. I interpret these findings using the person-organization fit theory, and thus, the compatibility between the employee’s personality and the prevailing culture in their organization. The financial sector attracts riskier individuals, ...

    Berlin: DIW Berlin, 2020,
    (SOEPpapers 1075)
    | Max Deter
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