SOEP-Suche

Household debt and financial assets: evidence from Germany, Great Britain and the USA

We explore the determinants of debt, financial assets and net worth at the household level by using survey data for Germany, Great Britain and the USA. To identify which households are potentially vulnerable to adverse changes in the economic environment, we also explore the determinants of a range of measures of financial pressure: the probability that a household has negative net worth; the debt-to-income ...

The impact of economic conditions on individual and managerial risk taking

The current study examines how the financial crisis of 2008–2009 impacted individuals’ willingness to take risks (WTR). We find substantial changes in the WTR associated with the financial crisis which supports countercyclical risk aversion while controlling for wealth effects and risk perception. Yet, we also observe a quick recovery of the WTR immediately after the crisis. We find that managers are ...

Family Transitions and Risk Attitudes

We use the German Socio Economic Panel to analyze the impact of life changing events on individuals’ risk tolerance levels over time, which is reported in response to a question on individuals’ willingness to take risks. The dataset follows a representative sample of the German population. We find substantial changes in risk attitudes over time with respect to getting married or separating from a partner, ...

Housework, Money, and Marriage

The sharing of public goods and services is one of the most important gains associated with forming a household, even exceeding the efficiency gains from specialization. Most of household public goods are produced using spouses's time, with men devoting about more than one hour per week to home labor and women spending about three hours. We use evidence from a variety of time-use surveys for a ...

Creating low skilled jobs by subsidising market-contracted household work

Comparing the Determinants of Concern about Terrorism and Crime

Both crime and terrorism impose costs onto society through the channels of fear and worry. Identifying and targeting groups which are especially affected by worries might be one way to reduce the total costs of these two types of insecurity. However, compared to the drivers of the fear of crime, the determinants of concerns regarding global terrorism are less well known. Using nationally representative ...

20 Years of German Unification - Evidence of Income Convergence and Heterogeneity

We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West Germany over the fifteen years for which data are available. Using a fixed effects vector decomposition method, ...

Can International Migration Solve the Problems of European Labour Markets? (Chapter 5)

Language Skills and Employment Rate of Refugees in Germany Improving with Time

Asylum seekers migrating to Germany remains a hotly debated topic. The second wave of a longitudinal survey of refugees shows that their integration has progressed significantly, even though some refugees came to Germany in poor health and with little formal education. Compared to the previous year, refugees’ German skills have improved, as have their participation rates in the workforce, education, ...

Economic consequences of immigration in Europe