This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and relate it to cross-country differences in mortgage...

Trotz des Auslaufens der degressiven Abschreibung bei mobilen Anlagegütern zum Jahresende 2007 zeigen die Ergebnisse der jährlichen Investitionssonderfrage des ifo Instituts auch 2008 kein Ende der Investitionsdynamik im Einzelhandel. Die bereits in zurückliegenden Umfragen zu beobachtende...

We analyse the impact on schooling outcomes of growing up in a family headed by a single mother. Growing up in a non-intact family in Germany is associated with worse outcomes in models that do not control for possible correlations between common unobserved determinants of family structure and...

This paper questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.

Using data from the March Current Population Surveys in the United States, the Household Panel Survey in Great Britain and the Socio-Economic Panel in Germany we find gains from economic growth in the United States over their 1990s business cycle (1989-2000) were more equitably distributed than...

Untersuchungsfeld 4 beschäftigte sich mit den Wirkungen unterschiedlicher Formen der Aufgabenwahrnehmung im SGB II auf regionaler Ebene. Die Ergebnisse von Schätzungen zeigen, dass die Wahrscheinlichkeit, den Leistungsbezug zu verlassen, für die von ARGEn betreuten Hilfebedürftigen höher ist.

Using unit labor cost (ULC) data from Euro area countries as well as US States and German La͏̈nder we investigate inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models. All in all we cannot reject convergence of ULC...