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Labour Market Attachment of People outside the Labour Force - An Explorative Analysis of Hidden Labor Force in Europe

The Transition Into Work - Specialities for the Hidden Labour Force in Comparison to other Economically Inactive Persons

The paper presents a multivariate approach on transitions into work for five non working groups including the unemployed, the Attached, people in education, people doing housework and others. The study is based on ECHP data from 1994 to 1998. It is expected that individuals in the Attached group have significantly higher transition probabilities into work than others outside the labour force although ...

High Satisfaction Among Mothers Who Work Part-time

Eastern Germany Ahead in Employment of Women

Almost a quarter of a century after the fall of the Wall, there are still more women in employment in eastern Germany than in the west. Admittedly, the difference is marginal now but the two regions started from dramatically different levels. Immediately after reunification (1991), the employment rate for women in western Germany was 54.6 percent but since then, this has increased year on year, reaching ...

Women Still Greatly Underrepresented on the Top Boards of Large Companies

Executive and supervisory boards of large companies in Germany are still dominated by men - to an extraordinary degree. Only 2.5% of all executive board members in the200 largest companies (not including the financial sector) are women, and only 10% of all seats on supervisory boards are occupied by women. The situation in the financial sector is similar: in the 100 largest banks, 2.6% of all executive ...

Heritability of time preference: Evidence from German twin data

Intergenerational correlations of time preference are well documented. However, there is still limited empirical evidence about the role of genetics in this transmission process. In our paper, we use data on roughly 3,000 twins from the German TwinLife project to estimate the heritability of time preference. We rely on an experimentally validated survey measure of temporal discounting, namely, self-assessed ...

The Standard Portfolio Choice Problem in Germany

We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied to the German stock market. Experimental investments correlate with beliefs about stock market returns and exhibit desirable external validity at least in one respect: they predict real-life stock market participation. But many households are ...

Peer Groups, Employment Status and Mental Well-being among Older Adults in Ireland

Research has shown that employment status, such as being unemployed or retired, can be related to well-being. In addition, the direction and size of these relationships can be influenced by the employment status of one’s peer group. For example, it has been shown that the well-being of the unemployed tends to be higher for those living in high-unemployment areas compared to the unemployed living in ...

Comparing the Reliability and Validity of Global Self-Report Measures of Subjective Well-Being With Experiential Day Reconstruction Measures

Self-report measures of global well-being are thought to reflect the overall quality of people’s lives. However, several scholars have argued that people rely on heuristics, such as current mood, when reporting their global well-being. Experiential well-being measures, such as the day reconstruction method (DRM), have been proposed as an alternative technique to obtain a potentially more accurate assessment ...

Getting Older, Feeling Less? A Cross-Sectional and Longitudinal Investigation of Developmental Patterns in Experiential Well-Being

A large body of previous research suggests that people’s global evaluations of their well-being tend to increase as a function of age. Fewer studies, however, have examined the extent to which people’s in vivo experiences of well-being (e.g., felt emotions) vary as a function of age—and the existing findings are mixed. The present study used an approximately nationally representative sample of more ...