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SOEPpapers 1118 / 2021

Emotions and Risk Attitudes

Previous work has shown that preferences are not always stable across time, but surprisingly little is known about the reasons for this instability. I examine whether variation in people’s emotions over time predicts changes in risk attitudes. Using a large panel data set, I identify happiness, anger, and fear as significant correlates of within-person changes in risk attitudes. Robustness checks indicate ...

2021| Armando N. Meier
Externe referierte Aufsätze

Changes in Optimism and Pessimism in Response to Life Events: Evidence from Three Large Panel Studies

Although individuals vary in how optimistic they are about the future, one assumption that researchers make is that optimism is sensitive to changes in life events and circumstances. We examined how optimism and pessimism changed across the lifespan and in response to life events in three large panel studies (combined N = 74,886). In the American and Dutch samples, we found that optimism increased ...

In: Journal of Research in Personality 88 (2021), 103985, 14 S. | William J. Chopik, Jeewon Oh, Eric S. Kim, Ted Schwaba, Michael D. Krämer, David Richter, Jacqui Smith
SOEPpapers 1116 / 2021

Quantifying the Externalities of Renewable Energy Plants Using Wellbeing Data: The Case of Biogas

Although there is strong support for renewable energy plants, they are often met with local resistance. We quantify the externalities of renewable energy plants using well-being data. We focus on the example of biogas, one of the most frequently deployed technologies besides wind and solar. To this end, we combine longitudinal household data with novel panel data on more than 13, 000 installations ...

2021| Christian Krekel, Julia Rechlitz, Johannes Rode, Alexander Zerrahn
SOEPpapers 1154 / 2021

Time, Income and Subjective Well-Being – 20 Years of Interdependent Multidimensional Polarization in Germany

Society drifts apart in many dimensions. Economists focus on income of the poor and rich and the distribution of income but a broader spectrum of dimensions is required to draw the picture of multiple facets of individual life. In our study of multidimensional polarization we extend the income dimension by time, a pre-requisite and fundamental resource of any individual activity. In particular, we ...

2021| Joachim Merz, Bettina Scherg
Diskussionspapiere 1975 / 2021

Does Grandparenting Pay off for the Next Generations? Intergenerational Effects of Grandparental Care

Grandparents act as the third largest caregiver after parental care and daycare in Germany, as in many Western societies. Adopting a double-generation perspective, we investigate the causal impact of this care mode on children's health, socio-emotional behavior, and school outcomes, as well as parental well-being. Based on representative German panel data sets, and exploiting arguably exogenous variations ...

2021| Mara Barschkett, C. Katharina Spieß, Elena Ziege
SOEPpapers 1127 / 2021

Do You Really Want to Share Everything? The Wellbeing of Work-Linked Couples

Work as well as family life are crucial sources of human wellbeing, which however often interfere. This is especially so if partners work in the same occupation or industry. At the same time, being work-linked may benefit their career success. Still, surprisingly little is known about the wellbeing of work-linked couples. Our study fills this gap by examining the satisfaction differences between work-linked ...

2021| Juliane Hennecke, Clemens Hetschko
Research Project

Effects of the legal minimum wage on poverty

The project analyses the effects of the statutory minimum wage on poverty in Germany. We use the Socio-Economic Panel (SOEP) to examine the development of income poverty. Using a microsimulation model, the project studies the effect of minimum wages on social benefits.

Completed Project| Public Economics, German Socio-Economic Panel study
SOEPpapers 1119 / 2021

An Economic Analysis of the Empty Nest Syndrome: What the Leaving Child Does Matters

This study is an empirical investigation of the empty nest syndrome, commonly understood as a situation where there are feelings of loss or loneliness for mothers and/or fathers following the departure of the last child from the family home. This investigation makes use of rich, longitudinal, nationally representative German data to assess whether there is evidence for such a syndrome. Furthermore, ...

2021| Alan Piper
SOEPpapers 1143 / 2021

Causality in the Link between Income and Satisfaction: IV Estimation with Internal Instruments

Usually, it is expected that income increases life satisfaction. In recent years tough, research emerged that shows how subjective well-being, including satisfaction, influences objective measures, as for example income. This would then require explicit identification strategies for estimating effects of income on life satisfaction. I address this issue using German SOEP data and Lewbel’s (2012) method, ...

2021| Susanne Elsas
DIW Weekly Report 34 / 2021

Childcare Workers Experience Many Stressors and Little Recognition

Childcare workers are essential for both families and society at large, and their working conditions and pay are often a topic of discussion. Using new data spanning until the end of 2019 from the Socio-Economic Panel (SOEP) as well as a special SOEP additional survey in day care centers, this report shows how childcare workers view their occupation, day-to-day work, and pay. According to the data, ...

2021| Ludovica Gambaro, C. Katharina Spieß, Franz G. Westermaier
444 results, from 21