This study questions the popular stereotype that women are more risk averse than men in their financial investment decisions. The analysis is based on micro-level data from large-scale surveys of private households in five European countries. In our analysis of investment decisions, we directly...

This paper investigates the impact of unemployment on the propensity to start a family. Unemployment is accompanied by bad occupational prospects and impending economic deprivation, placing the well-being of a future family at risk. I analyze unemployment at the intersection of state-dependence...

The paper presents a multivariate approach on transitions into work for five non working groups including the unemployed, the Attached, people in education, people doing housework and others. The study is based on ECHP data from 1994 to 1998. It is expected that individuals in the Attached group...

Neben Erwerbslosen nehmen auch sonstige Nichterwerbstätige häufig eine Beschäftigung auf. Diese Personen werden jedoch gewöhnlich nicht bei der empirischen Bestimmung des Arbeitsangebotes erfasst. Ein Grund liegt in der Schwierigkeit ihrer Erhebung, da sie üblicherweise in keinen Registern...