Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10003577477
In a simple 2-period model of relative income under uncertainty, higher comparison income for the younger cohort can signal higher or lower expected lifetime relative income, and hence either increase or decrease well-being. With data from the German Socio-Economic Panel and the British...
Persistent link: https://www.econbiz.de/10009389096
Objective: At work, people are confronted with clear behavioral expectations. In line with the Social Investment Principle, the beginning and ending of working life might thus promote changes in personality traits that are relevant at work (e.g., Conscientiousness). Method: Based on the data...
Persistent link: https://www.econbiz.de/10012643683
Differences in individual wealth holdings are widely viewed as a driving force of economic inequality. However, as this finding relies on cross-section data, we may confuse older with wealthier. We propose a new method to adjust for age effects in cross-sections, which eliminates transitory...
Persistent link: https://www.econbiz.de/10011635021
We propose a framework for comparing the relationship between poverty and personal characteristics across countries (or across years), and use it to compare levels and patterns of relative poverty in the USA, Great Britain and Germany during the 1990s. The higher aggregate poverty rates in the...
Persistent link: https://www.econbiz.de/10011437003
Excessive alcohol consumption among young people is a major public health concern. On March 1, 2010, the German state … hospitalizations during the years 2007-2011 in Germany in order to evaluate the short-term impact of this policy on alcohol …-related hospitalizations. Applying difference-in-differences methods, we find that the policy change reduces alcohol-related hospitalizations …
Persistent link: https://www.econbiz.de/10010467098
We merge detailed household level expenditure data from older households with historical local weather information. We then test for a heat or eat trade off: do houseolds cut back on food spending to finance the additional cost of keeping warm duing cold shocks? We find evidence that the poorest...
Persistent link: https://www.econbiz.de/10010330992
We document that home ownership of households with heads aged 25-44 years fell substantially between 1980 and 2000 and recovered only partially during the 2001{2005 housing boom. The 1980{2000 decline in young home ownership occurred as improvements in mortgage opportunities made it easier to...
Persistent link: https://www.econbiz.de/10010275729