Showing 1 - 10 of 10
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
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
Persistent link: https://www.econbiz.de/10003577477
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
Orson Wells made Citizen Kane, his greatest movie, when he was 25 years old; Frank Lloyd Wright designed Fallingwater, his most famous house, when he was 70. Contrasts as great as this raise the question of whether there is a general explanation of when in their lives great innovators are most...
Persistent link: https://www.econbiz.de/10012838703
Comparing self-reports to administrative data records on diagnosis and prescription drug use, we find that survey respondents under-report mental health conditions 36% of the time when asked about diagnosis and about 20% of the time when asked about prescription drug use. Survey respondents are...
Persistent link: https://www.econbiz.de/10013021476
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
This paper examines the tradeoff between early and late specialization in the context of higher education. While some educational systems require students to specialize early by choosing a major field of study prior to entering university, others allow students to postpone this choice. I develop...
Persistent link: https://www.econbiz.de/10013144168
Some important novelists have written a great novel early in their careers and have produced lesser works thereafter, whereas others have improved their work gradually over long periods and have made their major contributions late in their lives. Which of these patterns a novelist follows...
Persistent link: https://www.econbiz.de/10013225973
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