In Germany and many other countries, financial advisors are required by law to assess their clients’ risk preferences in order to help them make informed and appropriate investment decisions. Most institutions that provide financial advice - banks, for instance - carry out this assessment using just one type of risk measure. Financial advisors might ask clients to answer a question about their attitudes ...
Women remain grossly underrepresented in management positions in Germany. However, what has been dubbed the gender leadership gap, i.e., the difference between the share of all employees who are women and the share of women in senior management positions, varies considerably across different industries. The present report shows that the largest gender gap in the likelihood of holding a senior management ...
In response to the European sovereign debt and currency crisis, the EU has begun to implement measures toward fiscal solidarity at least for the euro area. Survey data from the Socio-Economic Panel (SOEP) study show that just under half of all adults in Germany generally support providing assistance to EU countries experiencing financial difficulties. Almost one in three respondents also advocate the ...
