Which constraints and privileges do members of empowered or disempowered groups face in combining work and family life courses? To address this timely and highly relevant question, we empirically analyze work and family life courses at the intersection of gender and race in the United States. We...

The life-cycle hypothesis implies that consumption would not decline at retirement. However, several studies found relevant declines in food consumption after retirement for the United States. Others concluded that this contradiction of the life-cycle hypothesis is solved by allowing for broader...

Zwischen 2007 und 2012 haben wir die Lebensentwürfe und Lebensverläufe von jungen Frauen und Männern verfolgt. Heute sind die Befragten 21 bis 34 Jahre alt. Welche Einstellungen haben sie zu Familie, Arbeit und Leben? Wie haben sich ihre Hoffnungen, Träume und Pläne über die Zeit...

Despite the importance for socio-economic outcomes, there is an ongoing debate about the stability of personality traits over the life cycle. By disentangling age, period and cohort influences on personality traits, this paper adds to the existing empirical contributions, which often focus on...

We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...