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Bartels, Charlotte - 2012

incentives for lower income classes and to increase durations of unemployment. Standard studies measure work incentives based on … annual income concepts. This paper analyzes how work incentives inherent in the German tax-benefit system evolve when … incentives increased even more than short-term work incentives. Particularly for middle-income individuals, this is largely …

Persistent link: https://www.econbiz.de/10009630295

Unternehmensfinanzierung bei asymmetrischer Informationsverteilung

Wohlschiess, Volker - 1996

Persistent link: https://www.econbiz.de/10000947139

Income in Jeopardy : how losing employment affects the willingness to take risks/ Clemens Hetschko; Malte Preuss

Hetschko, Clemens; Preuss, Malte - 2015

Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...

Persistent link: https://www.econbiz.de/10011405097

Biased by success and failure : how unemployment shapes stated locus of control

Preuß, Malte; Hennecke, Juliane - 2017

Due to its extraordinary explanatory power for individual behavior, the interest in the concept of locus of control (LOC) has increased substantially within applied economic research. But, even though LOC has been found to affect economic behavior in many ways, the reliability of these findings...

Persistent link: https://www.econbiz.de/10011760721

How is the low-interest-rate environment affecting the solvency of German life insurers?

Kablau, Anke; Weiß, Matthias - 2014

Life insurance companies are affected directly by the impact of the low-interestrate environment. To fulfil promised guarantees they may be forced to tap into their own funds, say if the current income generated is no longer sufficient to cover the policyholders’ profit participation share as...

Persistent link: https://www.econbiz.de/10010432256

Wage rigidities in Western Germany? : microeconometric evidence from the 1990s

Puhani, Patrick A. - 2001

This paper investigates whether and in what sense the west German wage structure has been 'rigid' in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...

Persistent link: https://www.econbiz.de/10013428419