In westlichen Industrienationen besteht heute im allgemeinen ein Konsens darüber, dass die Betreuung in Kindertageseinrichtungen öffentlich subventioniert werden sollte. Weniger Klarheit besteht jedoch über die verteilungspolitischen Effekte der öffentlichen Förderung von Kinderbetreuung. Eine solche Unkenntnis über die Verteilungseffekte der öffentlichen Förderung von Kinderbetreuung kann jedoch dazu ...
In this paper, I use data from the German Socio-Economic Panel (GSOEP) to investigate whether and how a German youth' s choice of secondary school (Hauptschule, Realschule, Gymnasium) varies with the timing and duration of poverty experienced in childhood. To investigate what role the timing of poverty plays, I examine the correlation between educational choices and the poverty status of each child' ...
The development of private consumption is a crucial factor in compiling macroeconomic projections as part of national accounts. Household savings also play an important role as an explanatory variable for consumer development, since private households must decide whether to spend their incomes on consumption or saving. The estimated savings rate in DIW Berlin's economic projections can be improved ...
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 ...