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  • SOEPpapers 453 / 2012

    Life Satisfaction, Household Income and Personality Theory

    We show that personality traits mediate the effect of income on Life Satisfaction. The effect is strong in the case of Neuroticism, which measures the sensitivity to threat and punishment, in both the British Household Panel Survey and the German Socioeconomic Panel. Neuroticism increases the usually observed concavity of the relationship: Individuals with higher Neuroticism score enjoy income more ...

    2012| Eugenio Proto, Aldo Rustichini
  • SOEPpapers 469 / 2012

    Long-Distance Moves and Labour Market Outcomes of Dual-Earner Couples in the UK and Germany

    Chances are high that partners in dual-earner couples do not receive equal occupational returns from long-distance moves, because job opportunities are distributed heterogeneously in space. Which partners are more likely to receive relatively higher returns after moves? Recent research shows the stratification of returns by gender and highlights the importance of gender roles in mobility decisions. ...

    2012| Philipp M. Lersch
  • Diskussionspapiere 1206 / 2012

    Occupational Sex Segregation and Management-Level Wages in Germany: What Role Does Firm Size Play?

    The paper analyzes the gender pay gap in private-sector management positions based on German panel data and using fixed-effects models. It deals with the effect of occupational sex segregation on wages, and the extent to which wage penalties for managers in predominantly female occupations are moderated by firm size. Drawing on economic and organizational approaches and the devaluation of women's work, ...

    2012| Anne Busch, Elke Holst
  • SOEPpapers 444 / 2012

    Occupational Sex Segregation and Management-Level Wages in Germany: What Role Does Firm Size Play?

    The paper analyzes the gender pay gap in private-sector management positions based on German panel data and using fixed-effects models. It deals with the effect of occupational sex segregation on wages, and the extent to which wage penalties for managers in predominantly female occupations are moderated by firm size. Drawing on economic and organizational approaches and the devaluation of women's work, ...

    2012| Anne Busch, Elke Holst
  • SOEPpapers 425 / 2011

    Multidimensional Well-Being at the Top: Evidence for Germany

    This paper employs a multidimensional approach for the measurement of well-being at the top of the distribution using German SOEP micro data. Besides income as traditional indicator for material well-being, we include health as a proxy for nonmaterial quality of life as well as self-reported satisfaction with life as dimensions. We find that one third of the German population is well-off in at least ...

    2011| Andreas Peichl, Nico Pestel
  • Diskussionspapiere 1174 / 2011

    Labor Markets and the Financial Crisis: Evidence from Tajikistan

    The financial crisis in 2008/2009 substantially influenced the everyday social and economic life of many Tajik people, including their behavior in the labor market. However, not much is known about the dynamics of the labor markets of the transition economies, especially in the context of the current financial crisis. Arguably, this is mainly due to paucity of panel data. In this paper, we aim to study ...

    2011| Antje Kröger, Kristina Meier
  • SOEPpapers 412 / 2011

    Intergenerational Transmission of Risk Attitudes: A Revealed Preference Approach

    This study investigates whether the willingness to take income risks revealed by occupational choice is transmitted from parents to their children. Using data from the German Socio-Economic Panel (SOEP), we find that fathers' riskiness of job is a significant determinant of children's occupational risk, in particular sons' (excluding parent-child pairs with identical occupations). This is the first ...

    2011| Andrea Leuermann, Sarah Necker
  • SOEPpapers 417 / 2011

    Self-Employment and Geographical Mobility in Germany

    Little is known about the individual location behaviour of self-employed entrepreneurs. This paper investigates the geographical mobility behaviour of self-employed entrepreneurs, as compared to employees, thereby shedding new light onto the place embeddedness of self-employment. It examines whether self-employed entrepreneurs are "rooted" in place and also whether those who are more rooted in place ...

    2011| Darja Reuschke
  • SOEPpapers 414 / 2011

    Predicting the Trend of Well-Being in Germany: How Much Do Comparisons, Adaptation and Sociability Matter?

    Using longitudinal data from the German Socio-Economic Panel, we estimate the variation of subjective well-being experienced by Germans over the last two decades testing the role of some of the major correlates of people's well-being. Our results suggest that the variation of Germans' well-being between 1996 and 2007 is well predicted by changes over time of income, demographics and social capital. ...

    2011| Stefano Bartolini, Ennio Bilancini, Francesco Sarracino
  • SOEPpapers 415 / 2011

    So Far so Good: Age, Happiness, and Relative Income

    In a simple 2-period model of relative income under uncertainty, higher comparison income for the younger cohort can signal higher or lower expected lifetime relative income, and hence either increase or decrease well-being. With data from the German Socio-Economic Panel and the British Household Panel Survey, we first confirm the standard negative effects of comparison income on life satisfaction ...

    2011| Felix R. FitzRoy, Michael A. Nolan, Max F. Steinhardt, David Ulph
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