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 preferences. Using a large panel data set, I find that within-person changes in happiness, anger, and fear have substantial effects on risk attitudes and patience. Robustness ...
This study examines the association between sibship size and wealth in adulthood. The study draws on resource dilution theory and additionally discusses potentially wealth-enhancing consequences of having siblings. Data from the German Socio-Economic Panel Study (SOEP, N = 3502 individuals) are used to estimate multilevel regression models adjusted for concurrent parental wealth and other important ...
Does birth order shape people’s propensity to take risks? Evidence is mixed. We used a three-pronged approach to investigate birth-order effects on risk taking. First, we examined the propensity to take risks as measured by a self-report questionnaire administered in the German Socio-Economic Panel, one of the largest and most comprehensive household surveys. Second, we drew on data from the Basel–Berlin ...
Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if their choice has an externality on third parties. One typical application is a household. We run an experiment in the German Socio-Economic Panel with two members from 494 households. Participants have a good estimate of each other’s risk preferences, even if not explicitly informed. They ...
The goal of this study was to identify and empirically test variables that indicate how well partners in relationships know each other’s food preferences. Participants (n = 2,854) lived in the same household and were part of a large, nationally representative panel study in Germany. Each partner independently predicted the other’s preferences for several common food items. Results show that predictive ...
This article examines heterogeneity in the effect of unemployment on social participation. Whereas existing studies on this relationship essentially estimate mean effects, we use quantile regression methods to provide a broader and more complete picture. To ac-count for the potential endogeneity of job loss, we estimate quantile treatment effects (on the treated) based on entropy balancing and focus ...
Mit dem Gute-KiTa-Gesetz hat der Bund erstmalig ein Gesetz verabschiedet, das explizit zum Ziel hat, die Qualität der Kindertagesbetreuung in Deutschland zu verbessern. Dazu werden den Ländern, auf Grundlage von Verträgen der einzelnen Bundesländer mit dem Bund, Bundesmittel zur Verfügung gestellt. Die Bundesländer wählen aus zehn Handlungsfeldern aus und...
Während die Migration nach Deutschland seit 2015 anfangs von jungen, alleinreisenden Männern dominiert wurde, sind zunehmend auch Frauen, zumeist mit ihren Partnern und Kindern, zugezogen. Dies geht aus einem Gutachten zur Familiensituation von Geflüchteten hervor, das der Wissenschaftliche Beirat für Familienfragen dem Bundesfamilienministerium vorgelegt hat und das im Rahmen einer ...
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