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Risk tolerance and altruism: evidence on their relationship from Germany

This article explores the nexus between risk tolerance and altruism. Using information from the German Socio-Economic Panel (SOEP), we find a statistically and economically significant positive correlation between risk tolerance and proxies for altruism conditional on a long covariate vector.

Sense of community, social support and social media use in the post-pandemic world of work

Remote work has become integral to contemporary work life, necessitating a detailed examination of its effects on employees? sense of community and support ? key factors influencing knowledge sharing, team performance, and well-being at work. To this end, this study examines how the adjustments made to working arrangements and workplace communication during and after the COVID-19 pandemic have affected ...

Socio-economic inequalities in the association between diabetes and labour force participation in Germany: A repeated cross-sectional study

OBJECTIVE: Diabetes is associated with lower labour force participation. The proportion of people having diabetes is higher among people with a low socio-economic position. We aimed to describe socio-economic differences in the association between diabetes and labour force participation in Germany. METHODS: Based on repeated cross-sectional data from the German Socio-Economic Panel Study, the probability ...

SOEP-Core – 2023: Biography (PAPI, with Reference to Variables) - version with variables (en)

SOEP-Core – 2023: Biography (techn., with Reference to Variables) - version with variables (en)

“Status” concerns and self-employment transitions

This paper investigates whether individuals’ relative (status or positional) concerns are associated with their transitions from paid employment or inactivity to self-employment. The conjecture is that stress and anxiety arising from socio-economic comparisons may be motivating factors for individuals to establish their own businesses. We examine this using the Socio-Economic Panel (SOEP) dataset, ...

Overeducation, performance pay and wages: evidence from Germany

Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they have lower wages than their similarly educated peers who are in correctly matched jobs. This study examines the hypotheses that overeducated workers sort into performance pay jobs as an adjustment mechanism and that performance pay enhances their wages. ...

Social Class and Personality: The Effects of Educational Mobility on Personality Trait Change

Transitioning into young adulthood often brings about significant changes in personality traits. However, the reasons behind these personality changes remain unclear. This study integrates insights from research on personality development and the psychology of social class to study how the construction of one’s social class identity in young adulthood might trigger changes in personality traits (i.e., ...

Dealing with Censored Earnings in Register Data

Earnings are often top-coded (right-censored) in administrative registers. The censoring threshold in the case of Germany is the limit value for social security contributions, leading to a substantial fraction of censoring: For example, about 12 % of male workers in West Germany are affected, rising to above 30 % for highly educated prime-aged workers. This missing right tail of the earnings distribution ...

Prioritize to decarbonize: Thermal retrofits, carbon prices, and energy inequality

The energy crisis following Russia’s invasion of Ukraine exposed the heightened vulnerability of low-income households to rising heating costs, particularly those in energy inefficient buildings. Using data from the German Socio-Economic Panel (SOEP), this study examines the distributional impact of heating costs across income deciles and evaluates the effectiveness of policy interventions. We find ...