This research investigates how family events in adult children's lives influence the timing of their parents' financial transfers. We draw on retrospective data collected by the German Socio-Economic Panel Study (SOEP) and use event history models to study the effects of marriage, divorce, and...

According to sociological theories on educational choice, risk aversion is the main driving force for class-specific educational decisions. Families from upper social classes have to opt for the academically most demanding, long-lasting courses to avoid an intergenerational status loss. Families...

Although in Germany, there is a regular age of school entry, some children start school later than usual and some children start ahead of schedule. While there has been some decrease in delayed school entries in the last years, the rate of premature school entry has increased substantially....

Objective: This study examines how changes in cohabitation or marital status affect Body Mass Index (BMI) over time in a large representative sample. Methods: Participants were 20,950 individuals (50% female; 19 to 100 years), representative of the German population, who provided 81,926...

This article discusses legal, economic and political aspects of the German compulsory military service. We argue that Germany should introduce a professional army because it is more efficient and less prone to cause problems with vertical and horizontal tax equity. In addition most of the...

Die Ableistung eines Wehr- oder Zivildienstes kann als "Naturalsteuer" interpretiert werden. Folglich lässt sich die praktizierte Heranziehung zu einem dieser Dienste nach Kriterien der Steuergerechtigkeit beurteilen. Seit Einführung der Wehrpflicht in der Bundesrepublik Deutschland im Jahre...

Der empirischen Forschung zu intergenerationalen Finanztransfers fehlt eine Längsschnittbetrachtung. Schenkungen eignen sich besonders gut, um innerfamiliale Solidarität und Transfers aus einer lebensverlaufsbezogenen Perspektive zu untersuchen, da sie - im Gegensatz zu Erbschaften - zeitlich...

Terrorist actions can have a multitude of economic consequences that may adversely affect a number of economic indices, sectors and activities including growth and investment. From the markets' perspective, terrorist attacks are unforeseen events that, depending among other things on their...

'The money trail' of terrorist activity has become a focus of counterterrorist policy. There has been major success in implementing international standards to prevent and detect terrorist financing. Available evidence suggests that these efforts have contributed to a decrease in transnational...

In this Policy Briefing, we discuss two important questions: (i) whether and how terrorism shocks are transmitted across international stock markets, (ii) what is the role of behavioral factors in explaining these stock market reactions. According to our findings terrorism shocks are indeed...