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...

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...

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...

The paper investigates the motives of activity (entry and exit) of Private Equity (PE) investors in European companies. Investment of a PE firm is not viewed unambiguously. First, it is claimed that PE investment is made for the sake of seeking shortterm gains by taking control and utilizing the...

The European Union made a number of steps not least of them the introduction of a common currency to foster the integration of the European financial markets. A number of papers have tried to gauge the degree of integration for various financial markets looking at the convergence of interest...

In this paper we explore the issue of financial convergence in the new EU member states (NMS). For the purposes of our analysis the countries falling into the category NMS are Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia, i.e. all...