Showing 1 - 10 of 74
This paper investigates the influence of political regimes on personality, using the separation of Germany into the socialist GDR and the democratic FRG and its reunification in 1990 as a natural experiment. We show that there are significant differences between former GDR and FRG residents...
Persistent link: https://www.econbiz.de/10011301384
The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...
Persistent link: https://www.econbiz.de/10011335342
income, an increase in reference consumption of 100 euros leads to an increase in consumption of 10 to 25 euros. Upper middle …
Persistent link: https://www.econbiz.de/10010322838
Based on the Italian Survey on Household Income and Wealth (SHIW) and the German Socio-economic Panel (SOEP), we show …
Persistent link: https://www.econbiz.de/10010332142
Space heating and hot water expenditures make up the majority of household energy demand in Germany, at 83.2%, making them an attractive target for energy policies. Using a panel dataset derived from yearly residential household surveys covering the years 1996 to 2014, we identify the...
Persistent link: https://www.econbiz.de/10011574116
income uncertainty from an ex ante point of view. Two different measures of subjective well being are under study …: Satisfaction with household income and the income evaluation question as developed by Van Praag. It can be shown that satisfaction … with income is more affected by ex ante than by ex post volatility of income. The ordinal version of the Van Praag approach …
Persistent link: https://www.econbiz.de/10011600793
I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the Netherlands and the German Socio-Economic Panel. Instrumenting individual happiness with regional sunshine, the results suggest that happier people save more, spend less, and...
Persistent link: https://www.econbiz.de/10011600863
-) indebtedness which relate household income and debt services to different concepts of subsistence levels, this paper investigates … associated income drop. Strokes of fate have no direct effect but if they come along with changes in household composition, the … associated income shock increases the financial fragility of the household. Furthermore, a main determinant of relative …
Persistent link: https://www.econbiz.de/10011600882
The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that …
Persistent link: https://www.econbiz.de/10011600883
The economic costs of chronic health conditions and severe illnesses like diabetes, coronary heart disease or cancer are immense. Several clinical trials give information about the importance of individual behaviour for the prevalence of these illnesses. Changes in health relevant behaviour may...
Persistent link: https://www.econbiz.de/10011600896