Leibniz ScienceCampusBerlin Centre for Consumer Policies (BCCP) Research Day At this BCCP Research Day (formerly known as BCCP Forum), Fellows will give short pitches of their current research. Since we also want to have enough time for discussions and networking, we plan long coffee breaks between the presentation sessions as well as get-together afterwards. The event will bring together all...
This paper investigates the unique ways in which individuals assimilate new information into their beliefs about stock returns and examines the consequences of heterogeneous information processing on savings and investment decisions. Utilizing two exogenous information treatments from 2017 and 2018 surveys of German households, I discover that individuals' short-term return expectations shift by...
-- joint with Marius Liebald and Guido Friebel Can right-wing terrorism increase support for far-right populist parties and if so, why? Exploiting quasi-random variation between successful and failed attacks across German municipalities, we find that successful attacks lead to significant increases in the vote share for the right-wing, populist Alternative für Deutschland (AfD) party in state...
-- joint with Marius Liebald and Guido Friebel Can right-wing terrorism increase support for far-right populist parties, and if so, why? Exploiting quasi-random variation between successful and failed attacks across German municipalities, we find that successful attacks lead to significant increases in the vote share for the right-wing, populist Alternative für Deutschland (AfD) party. Our...
-- joint with Panu Poutvaara and Max Steinhardt This study analyzes the determinants of bitterness, which describes a feeling of not having achieved what one deserves compared to others. First, we perform pooled OLS and fixed effects regressions, showing that bitterness is associated with various economic and non-economic factors, whereby the effect of unemployment stands out. Therefore, in the...
Wie repräsentativ ist der Journalismus für die Gesellschaft und wie sehr unterscheiden sich die Eigenschaften und Einstellungen der Journalistinnen und Journalisten von der Gesamtbevölkerung? Welche politischen Meinungen herrschen in der Berufsgruppe vor, welche sozialen Merkmale prägen sie?Diese Fragen untersuchen wir auf Basis der Daten des Sozio-oekonomischen Panels (SOEP). Wir nutzen die...
The most popular method to acquire a job is to use one's circle of acquaintances or social networks to find a position. However, in the current research, there is still no clear conclusion if this job search method has positive implications for different job outcomes such as wages. This paper studies the effects of this job search approach in the context of Germany compared to the formal...
Objective: Personality has long been assumed to be a cause of religiosity, not a consequence. Yet, recent research suggests that religiosity may well cause personality change. Consequently, longitudinal research is required that examines the bi-directionality between personality and religiosity. The required research must also attend to cultural religiosity—a critical moderator in previous cross-sectional ...