This paper discusses how household panels in general?and the German Socio- Economic Panel (SOEP) in particular?can serve as reference data for researchers collecting datasets that do not represent the full universe of the population of interest (e.g., through clinical trials, intervention...

From a political economy perspective, politicians often fail to implement structural reforms. In this contribution we investigate if the resistance to reform is based on the differences in the risk preferences of voters, politicians, and bureaucrats. Based on three surveys among the German...

Numerous people in Germany, including politicians and researchers, believe that the gross domestic product (GDP) is an outdated indicator of a society's prosperity. Therefore, at the end of 2010, the German Bundestag, the federal parliament, established a study commission (Enquete-Kommission)...