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Inequality and mobility of household incomes in Europe: evidence from the ECHP

In this article we want to shed light on two aspects of income mobility: relative total income mobility using the estimator by Fields and Ok (1999) and equalization of long-run incomes measured by the index of Fields (2009). The cross country comparison shows a negative relationship between total relative mobility and long-run income equalization, this result is contrary to the intuition given by Shorrocks ...

The stature of the self-employed and its relation with earnings and satisfaction

Taller individuals have on average a higher socio-economic status than shorter individuals. In countries where entrepreneurs have high social status, we may therefore expect that entrepreneurs are taller than wage workers. Using data from the German Socio-Economic Panel (2002–2012), we find that a 1 cm increase in an individual's height raises the probability of being self-employed (the most common ...

It's All About Gains: Risk Preferences in Problem Gambling

Problem gambling is a serious socioeconomic problem involving high individual and social costs. In this article, we study risk preferences of problem gamblers including their risk attitudes in the gain and loss domains, their weighting of probabilities, and their degree of loss aversion. Our findings indicate that problem gamblers are systematically more risk taking and less sensitive toward changes ...

Increasing inequalities in Germany: Older people´s employment lives and income conditions since the mid-1980s

You Live and Learn: Private-Sector Training in Germany

This paper analyzes the incidence, wage effects and employment effects of private-sector training in Germany. Using data from the SOEP, we concentrate on two periods: a) 1997–2000 and b) 2001–2004. Our results indicate a fairly similar pattern with regard to the incidence of private-sector training in Germany in both periods, while the picture which arises with respect to the effects of private-sector ...

Disability Retirement among German Men in the 1980s (Dissertation)

Disability retirement and unemployment - substitute pathways for labour force exit? An empirical test for the case of Germany

This paper studies the determinants of disability retirement and unemployment of older workers, two labour market phenomena which the German public discussion combines under the label of early retirement. The implicit assumption that these two mechanisms are exchangeable pathways into permanent retirement is tested. Using panel data the transition rates from employment into disability retirement and ...

Older Workers´ Responses to Health Shocks

Immigrant Participation in Social Assistance Programs

Immigrant Participation in the German Welfare Program