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After the introduction in Section 2, we very briefly sketch out current theoretical and empirical developments in the social sciences. In our view, they all point in the same direction: toward the acute and increasing need for multidisciplinary longitudinal data covering a wide range of living...
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This study presents results of the validation of an ultra-short survey measure of patience included in the German Socio-Economic Panel (SOEP). Survey responses predict intertemporal choice behavior in incentive-compatible decisions in a representative sample of the German adult population. --...
Persistent link: https://www.econbiz.de/10009659849
Die 1990 eingeführte Wirtschafts- und Währungsunion der BRD mit der DDR und schließlich die deutsche Wiedervereinigung war und ist für jede Statistik, die versucht die Lebensverhältnisse in Ost und West zu vergleichen, eine große Herausforderung. In seinem einleitenden Teil dokumentiert...
Persistent link: https://www.econbiz.de/10008825075
People differ in their willingness to take risks. Recent work found that revealed preference tasks (e.g., laboratory lotteries) - a dominant class of measures-are outperformed by survey-based stated preferences, which are more stable and predict real-world risk taking across different domains....
Persistent link: https://www.econbiz.de/10012287438
Das Sozio-oekonomische Panel (SOEP) ist als multidisziplinäres Haushaltspanel, das Informationen zu allen Personen, die in einem Panel-Haushalt leben, erhebt und damit alle Altersjahrgänge abdeckt, nach 25 Jahren Laufzeit auch zu einer Kohorten- Studie geworden. Der zunehmende Erfolg der...
Persistent link: https://www.econbiz.de/10011634367
In Germany the foreign born population is made up of foreigners and so called ”ethnic Germans” who migrated from eastern European countries to Germany. While the first group is confronted with problems arising from the typical German concept of ethnicity and citizenship, the latter are...
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This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks on an 11-point scale, we find...
Persistent link: https://www.econbiz.de/10005068645