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Single parents and unmarried couples are increasingly replacing the traditional nuclear family. This paper investigates if the greater variety in living arrangements contributes to increased resource disparities among children in Germany. Children in single parent families are disadvantaged in...
Persistent link: https://www.econbiz.de/10011440704
In this paper, subjective and objective aspects of deprivation are used to derive an aggregated multidimensional measure of energy poverty. The proposed measure is based on deprivation with a direct relation to energy consumption, but it also accounts for excessive financial restrictions due to...
Persistent link: https://www.econbiz.de/10012098484
How does scarcity affect individual willingness to share and willingness to enforce sharing from others? Sharing in poor communities gains importance as an insurance mechanism during adverse shocks, yet shocks make it costlier to share. I conducted repeated economic experiments in both a lean...
Persistent link: https://www.econbiz.de/10011905245
Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but that they take the underlying sources of income differences into account. In contrast to this evidence, current measures of inequality do not adequately reflect these normative...
Persistent link: https://www.econbiz.de/10012236841
more risk averse, to having social status concerns, and to relying more often on formal and informal insurance. However …
Persistent link: https://www.econbiz.de/10012108631
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask whether a...
Persistent link: https://www.econbiz.de/10011899690
that is due to heterogeneous skill endowments. Meanwhile, taxes and transfers insure 45% of lifetime earnings risk. Taxes …
Persistent link: https://www.econbiz.de/10012108653
productive abilities and education. Additionally, the system insures against 48% of lifetime earnings risk. Implementing a …
Persistent link: https://www.econbiz.de/10014427523
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 … perceives the threat of job loss and is of a transitory nature. The change in stated risk attitude matches observable job …
Persistent link: https://www.econbiz.de/10011405097
Investment fell sharply in the euro area after the financial crisis and has not yet returned to pre-crisis levels in many core economies. Focusing on the four largest euro-area countries, this paper investigates the role of uncertainty for investment dynamics. By doing so, we compare five...
Persistent link: https://www.econbiz.de/10011571047