Married individuals are usually found to be in better health than singles but it is not fully known why. Using data from the German Socio-Economic Panel we test one possible explanation, namely that two spouses encourage each other to a health-promoting behavior and monitor it. Therefore, we...

We analyse the effect of a change in the remuneration system for physicians on the lengths of treatments of patients as measured by the number of doctor visits using data from the German Socio-Economic Panel over the period 1988- 2003. In particular, we analyse the introduction of a fixed budget...

We analyse the financial performance of small German hospitals based on balance sheet data of about 1,000 hospitals in 2007. Measures of financial performance are the earnings before interest, tax, depreciation, and amortisation (EBITDA) and the probability of default (PD). We find that, on...

We analyze the effect of household indebtedness on different health outcomes using data from the German Socio-Economic Panel from 1999-2009. To establish a causal effect, we rely on (a) fixed-effects methods, (b) a subsample of constantly employed individuals, and (c) lagged debt variables to...

In this paper, we identify female long-term wage returns to college education using the educational expansion between 1960-1990 inWest Germany as exogenous variation for college enrollment. We estimate marginal treatment effects to learn about the underlying behavioral structure of women who...

In this paper, we identify female long-term wage returns to college education using the educational expansion between 1960-1990 in West Germany as exogenous variation for college enrollment. We estimate marginal treatment effects to learn about the underlying behavioral structure of women who...

In this paper, we identify female long-term wage returns to college education using the educational expansion between 1960â€"1990 in West Germany as exogenous variation for college enrollment. We estimate marginal treatment effects to learn about the underlying behavioral structure of women...

Theoretical papers show that optimal prevention decisions in the sense of selfprotection (i.e., primary prevention) depend not only on the level of (second-order) risk aversion but also on higher-order risk preferences such as prudence (third-order risk aversion). We study empirically whether...

Viele Menschen neigen dazu, das schlechteste Ergebnis einer Entscheidung zu vermeiden. Das könnte bei einer Corona-Impfung relevant werden. Wann ein Impfstoff gegen das Coronavirus für weite Teile der deutschen Bevölkerung verfügbar sein wird, ist noch offen. Eines zeichnet sich jedoch schon...

We study effects of retirement on cognitive abilities (up to ten years after retirement) using data from 21 countries in Continental Europe, England, and the US, and exploiting early-retirement thresholds for identification. For this purpose, combines event-study estimations with the marginal...