Individual preferences with respect to risk taking play an important role in financial economic behaviour and, hence, in financial markets. Using German microdata, we argue that individual religiosity is a determinant of household willingness to take risks, since it shapes relevant individual...

Assuming that certain religious beliefs, as a proxy for one’s cultural background, may inhibit wealth accumulation, individual savings behavior in the USA with its vital religious market is examined. Using data from the US Panel Study of Income Dynamics (PSID), I found notable differences in...

The participation rate of women in the labor market shows a sizeable variation across countries and across time. Following studies conducted for North America, this section tests the hypothesis whether, next to structural conditions, cultural norms with regard to existing role models within...

The author uses large-scale German survey data for the years 2009, 2011 and 2013 in order to analyze the nexus between the individual perception of being unfairly paid and measures for quantity and quality of sleep, namely, hours of sleep during workweek and during weekend, happiness with sleep,...

The author uses large-scale German survey data for the years 2009, 2011 and 2013 in order to analyze the nexus between the individual perception of being unfairly paid and measures for quantity and quality of sleep, namely, hours of sleep during workweek and during weekend, happiness with sleep,...