A major evaluation of family policies in Germany came to the primary conclusions that family leave and early childhood education and care policies are effective. Specific German tax regulations, however, are less effective, as they decrease the incentives, especially for mothers, to return to...

Mit der von der Bundesregierung in Auftrag gegebenen Gesamtevaluation ehe- und familienbezogener Leistungen wurden erstmals zentrale Instrumente der deutschen Familienpolitik systematisch und umfassend evaluiert. Dabei wurden folgende familienpolitische Ziele vorgegeben: die Sicherung der...

It has long been hypothesized that individuals' migration propensities depend on their risk attitudes, but the empirical evidence has been limited and indirect. We use newly available data from the German Socio-Economic Panel to measure directly the relationship between migration and risk...

The paper examines real and nominal wage rigidities. We estimate a switching regime model, in which the observed distribution of individual wage changes, computed from West German register data for 1976-1997, is generated by simultaneous processes of real, nominal or no wage rigidity, and...

Geographic mobility is important for the functioning of labor markets because it brings labor resources to where they can be most efficiently used. It has long been hypothesized that individuals' migration propensities depend on their attitudes towards risk, but the empirical evidence, to the...

This paper investigates whether risk preferences explain how individuals are sorted into occupations with different earnings variability. We exploit data from the German Socio- Economic Panel, which contains a subjective assessment of willingness to take risks whose behavioral relevance has been...