The accepted view among psychologists and economists alike is that economic well-being has a statistically significant but only weak effect on happiness/subjective well-being (SWB). This view is based almost entirely on weak relationships with household income. The paper uses household economic...

This paper empirically tests the validity of using only mean income as a representative variable for the whole population in the aggregate consumption relation and of assuming time-invariance of the coefficients in this relation, as done in macromodels. We use a statistical distributional...

Befristung als Form der Arbeitsmarktflexibilisierung - Arbeitsmarkttheoretische Überlegungen zur befristeten Beschäftigung - Befristete Beschäftigung und der Einfluss institutioneller Rahmenbedingungen - Hypothesen - Daten, Variablen und Methoden - Verbreitungsgrad und Charakteristika...

In most disability insurance programs beneficiaries lose some or all of their benefits if they earn above an earnings threshold. While intended to screen out applicants with high remaining working capacity, earnings limits can also distort the labor supply of beneficiaries. We develop a simple...

In this paper we analyze the impact of the expectations about future labor income on thesaving behavior of German households. We measure expectations on an individual basisinstead of generalized risk measures as it is common in existing studies. We use aunique panel data set on household...

As a new approach we study individual wage compensations due to income risksmeasured by the variance and skewness of the wage distributions in different occupational groups. Using German administrative panel data and estimating a fixed effects model we confirm the expected positive effect of the...

An emerging literature on standards, global supply chains, and development argues that enhanced quality and safety standards are major trade barriers for developing country exports and cause the marginalization of small businesses and poor households in developing countries. This paper is the...