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Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing one’s job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011442282
German 1984-2010 Socio-Economic Panel (SOEP) database for West Germany. It follows the "individual variant" for calculating …
Persistent link: https://www.econbiz.de/10010128357
. Using data on eight advanced economies (Germany, Greece, Ireland, Italy, Slovakia, Spain, the United Kingdom, and United …
Persistent link: https://www.econbiz.de/10010345618
Based on the Italian Survey on Household Income and Wealth (SHIW) and the German Socio-economic Panel (SOEP), we show that household consumption drops after a child moves out of a household, while at the same time, per capita consumption increases significantly. Parents approximately upgrade...
Persistent link: https://www.econbiz.de/10010241620
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 market maturity. We find that aside from Italy, homeownership rates and … different degree of development of their respective mortgage markets. In Italy, alternative ways of financing, such as family …
Persistent link: https://www.econbiz.de/10011631928
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
risk taking. Expanding her dataset with more American observations and data for Germany, Spain and Italy, we find mixed …
Persistent link: https://www.econbiz.de/10011635168
characteristics, for five samples (Denmark, France, Germany, Italy and Spain), with data being drawn from the European Community …Der vorliegende Beitrag untersucht auf Basis von Daten des Sozio-oekonomischen Panels für Deutschland (SOEP), inwieweit … selbständige Ausländer in Deutschland überdurchschnittlich hohe Einkommen erzielen. Die Untersuchung zeigt, dass ausländische …
Persistent link: https://www.econbiz.de/10011635271
The affordability of housing has become a major topic of discussion in Germany among both social scientists and the …
Persistent link: https://www.econbiz.de/10011441591
music education programs are becoming increasingly popular among policy makers in Germany and other developed countries …
Persistent link: https://www.econbiz.de/10011441643