As from a political economy perspective, politicians often fail to implement structural reforms, we investigate if the resistance to reform is based on the differences in the risk preferences of voters, politicians, and bureaucrats. Based on the empirical results of a survey of the population in...

This paper uses data from the GSOEP to look at the relationship between labor force status and fatherhood among men in East and West Germany. For many years, in particular from the late fifties through the mid-seventies, fertility patterns in the East and West were quite similar. With the...

Recent research has repeatedly demonstrated that well-being typically evinces precipitous deterioration close to the end of life. However, the determinants of individual differences in these terminal declines are not well understood. In this study, we examine the role of perceived personal...

Staatlich organisierte Altersvorsorgesysteme, die in Umlage finanziert werden (in Deutschland ist dies die gesetzliche Rentenversicherung [GRV]), bedürfen einer expliziten Regelung, wie hoch die Renten sein sollen bzw. wie die laufenden Renten den veränderten ökonomischen Rahmenbedingungen...

Over the last several decades, both economists and political scientists have shown interest in coups d'état. Numerous studies have been dedicated to understanding the causes of coups. However, model uncertainty still looms large. About one hundred potential determinants of coups have been...

Over the last several decades, both economists and political scientists have shown interest in coups d'état. Numerous studies have been dedicated to understanding the causes of coups. However, model uncertainty still looms large. About one hundred potential determinants of coups have been...