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Essays in Applied Economics

This dissertation consists of five independent chapters contributing to the field of applied economics. The first three chapters analyze workers' perceptions of the wage penalty associated with working part-time, further evaluating the labor supply implications of biased beliefs. Chapter 4 quantifies the effects of raising the normal retirement age on the career trajectories of middle-aged workers ...

(Unintended) Consequences of Social and Family Policies on Health and Well-Being: Five Essays in Health and Family Economics

Diese Dissertation besteht aus fünf unabhängigen Kapiteln, die einen Beitrag zur Literatur im Bereich der Gesundheits- und Familienökonomie leisten. Das Hauptthema ist die Frage, wie sich sozial- und familienpolitische Maßnahmen auf die Gesundheit und das Wohlbefinden von verschiedenen Generationen - Kindern, Eltern und Großeltern - auswirken.Kapitel 2 analysiert den kausalen Effekt einer Anhebung ...

Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution

This study quantifies the distributional effects of the minimum wage introduced in Germany in 2015. Using detailed Socio-Economic Panel survey data, we assess changes in the hourly wages, working hours, and monthly wages of employees who were entitled to be paid the minimum wage. We employ a difference-in-differences analysis, exploiting regional variation in the “bite” of the minimum wage. At the ...

Wealth in Couples: Introduction to the Special Issue

The assumption that economic resources are equally shared within households has been found to be untenable for income but is still often upheld for wealth. In this introduction to the special issue “Wealth in Couples”, we argue that within-household inequality in wealth is a pertinent and under-researched area that is ripe for development. To this end, we outline the relevance of wealth for demographic ...

Higher fossil fuel prices and a climate dividend: burdens on and relief of households

The Heterogeneous Effects of Social Assistance and Unemployment Insurance: Evidence from a Life-Cycle Model of Family Labor Supply and Savings

We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment insurance; however, the opposite holds ...

My Wealth, (Y)Our Life Satisfaction? Sole and Joint Wealth Ownership and Life Satisfaction in Marriage

This study examines the money-subjective well-being nexus by studying the link between changes in jointly and solely (i.e. respondents’ own and their partner’s own) held gross wealth and changes in married individuals’ subjective well-being. Joint assets reflect norms of sharing responsibilities and resources. Solely held assets, in contrast, offer individual economic independence. Using wealth data ...

A Tale of Two Data Sets: Comparing German Administrative and Survey Data Using Wage Inequality as an Example

The IAB’s Sample of Integrated Labour Market Biographies (SIAB) and the Socio-Economic Panel (SOEP) are the two data sets most commonly used to analyze wage inequality in Germany. While the SIAB is based on administrative reports by employers to the social security system, the SOEP is a survey data set in which respondents self-report their wages. Both data sources have their specific advantages and ...

Life satisfaction has increased in many areas

Women’s Labour Market Attachment and the Gender Wealth Gap

This article examines the evolution of the gender wealth gap in Germanyduring the first decade of the XXI century. This period is characterized byan increase in labour supply of women and change in occupational structure dueto numerous reforms undertaken by the government. We use the Firpo, Fortin,Lemieux detailed decomposition technique throughout the wealth distribution toidentify the main factors ...