The present paper aims to quantify the growth and welfare consequences of changing family structures in western societies. For this reason we develop a dynamic general equilibrium model with both genders which takes into account changes of the marital status as a stochastic process. Individuals respond to these shocks by adjusting savings and labor supply. Our quantitative results indicate that the ...
Empirical research has unambiguously shown that married men receive higher wages than unmarried, whereas a wage premium for cohabiters is not as evident yet. Our paper exploits the observed difference between the marital and the cohabiting wage premium in Germany and thus provides new insights into their respective sources, typically explained by specialization (husbands being more productive because ...
This paper studies the association between the unemployment experience of fathers and their sons. Based on German survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation and the Gottschalk (1996) method we investigate to what extent fathers' unemployment is causal for offsprings' employment outcomes. In agreement with most of the small ...
This paper analyses the role of family risk attitudes in intergenerational mobility in incomes and education. Based on 1984-2009 data of sons and fathers from the German Socio-Economic Panel Survey, there is evidence suggesting that sons with risk taking fathers have a significantly higher educational mobility and persistently higher income mobility than peers with risk averse fathers. They obtain ...
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. ...
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 ...
The educational and employment trajectories of migrant children in France and Germany are extremely diverse. The few successful ones dominate the public eye. Yet successful biographies of young adults with a migration background are in no way a negligible exception. However, the picture is different in the two countries: while in France more migrants' descendants manage to reach their (secondary?) ...
Die Bildungs- und Erwerbsverläufe von Migrantenkindern in Frankreich und Deutschland sind äußerst vielfältig. In der öffentlichen Wahrnehmung dominieren die wenig Erfolgreichen. Dabei sind erfolgreiche Biographien junger Erwachsener mit Migrationshintergrund aber keineswegs eine zu vernachlässigende Ausnahme. Allerdings sehen sie in beiden Ländern anders aus: Während es in Frankreich mehr Migrantenkinder ...