I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the …

that household consumption drops after a child moves out of a household, while at the same time, per capita consumption …

in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a …This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …

the consumption level of all households who are perceived to be richer, on household savings and consumption. When … data from the German Socio-Economic Panel, we estimate the causal effect of changes in reference consumption, defined as … controlling for own income, an increase in reference consumption of 100 euros leads to an increase in consumption of 10 to 25 …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the …

This paper analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about … savings. Using the German Socio-economic Panel data it is shown that, although immigrants have lower levels of savings and are … less likely to have regular savings than natives, the gap is significantly narrowed once we take loan repayments and …

This paper evaluates the relationship between job satisfaction and measures of health of workers using the German Socio …) cross-sectional causality problems and (b) absence of objective measures of physical health that complement self …-reported measures of health status. Not only does using the panel structure with individual fixed effects mitigate the bias from …

, self-reported health, and presence of chronic illness as health measures. After controlling for initial health conditions …