Many economists and policy-makers argue that households do not save enough to maintain an adequate standard of living during retirement. However, there is no consensus on the answer to the underlying question what this standard should be, despite the fact that it is crucial for the design of...

We use unique administrative German data to examine the role of childhood health for the intergenerational transmission of human capital. Specifically, we examine the extent to which a comprehensive list of health conditions – diagnosed by government physicians – can account for...

Temptation and self-control in intertemporal choice environments are receiving increasing attention in the theoretical economics literature. Nevertheless, there remains a scarcity of empirical evidence from controlled environments informing behavior under repeated temptations. This is...

Geduld als Basis für Lebenserfolg ist nicht nur eine Frage der Biologie und Vererbung, sondern die Eltern-Kind-Interaktion und frühkindliche Sozialisation, scheint auch im Bereich der Zeitpräferenz die „Wiege des Handelns“ zu sein. In der vorliegenden Studie werden anhand einer...

The formation of human capital is important for a society’s welfare and economic success. Recent literature shows that child health can provide an important explanation for disparities in children's human capital development across different socio-economic groups. While this literature focuses...