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...

We study empirically whether there is scope for parents to shape the economic preferences and attitudes of their children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children, as well as rich information about parental efforts in...

The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...

This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts divorce. We use three panel databases to explore this question. Controlling for the level of life satisfaction of spouses, we find that a higher satisfaction gap, even in the first...

Substantial research on the relationship between family structures and child outcomes represents a considerable part of the literature. However, family structure provides a rather static view of the relationship of children's living arrangements and their well-being, revealing hardly anything...

In Deutschland werden die Geburtskohorten der 1956 bis 1965 Geborenen als Babyboomer bezeichnet. Diese Gruppe kennzeichnet sich nicht nur durch eine überdurchschnittliche Kohortenstärke aus, sondern diese waren Profiteure des Ausbaus des Wohlfahrtsstaates und deren Kindheit und Jugend: waren...

To explore single mothers' labor market participation we analyze specific circumstances and dynamics in their life courses. We focus on the question which individual and institutional factors determine both professional advancement and professional descent. Due to dynamics in women's life course...

The extensive research on the impact of educational attainment on fertility behavior has been expanded by a new dimension. According to these recent findings, not only the level but also the field of education has to be taken into account. The field of education determines a great deal about...

We look for evidence of habituation in twenty waves of German panel data: do individuals, after life and labour market events, tend to return to some baseline level of well-being? Although the strongest life satisfaction effect is often at the time of the event, we find significant lag and lead...

This paper focuses on the role of home country’s fertility culture in shaping immigrants’ fertility. I use the German Socio-Economic Panel (SOEP) to study completed fertility of first-generation immigrants who arrived from different countries and in different years. The variation in total...