How does risk preference change across the life span? We address this question by conducting a coordinated analysis to obtain the first meta-analytic estimates of adults longitudinal age differences in risk-taking propensity around the world. We report results from 26 longitudinal samples (12 panels; 187,733 unique respondents; 19 countries) covering general and domain-specific risk-taking propensity ...
Abstract We investigate the link between personality traits (PTs) and fertility, accounting for the possible interplay with other key life course events. Using data from German Socio-Economic Panel survey, we build sequence-type representations of fertility, union and job careers between the ages of 20 and 40. We rely on multichannel sequence analysis (MSA) and on the Partitioning around Medoids algorithm ...
This dissertation consists of four chapters that contribute to applied microeconomics. My co-authors and I combine theoretical and experimental methods to study behavioral paradoxes and market inefficiencies. Chapters 1 and 2 contribute to the understanding of image concerns. They study the dynamic implications of how individuals perceive themselves and are perceived by others. Chapter 3 focuses on ...
Why do consumers make different decisions even when socioeconomic conditions are similar? The present article examines the effects of human values—as formulations of motivational goals—on the decision to purchase electricity storage for a photovoltaic system, a phenomenon hardly explored in prior research regarding high-priced household investments. About 50 percent of photovoltaic-system owners in ...
The reunification of the socialist German Democratic Republic and the capitalist Federal Republic of Germany presents a unique setting for studying the impact of socio-economic and political change on migration. This paper provides a comprehensive review of the interdisciplinary literature on migration between East and West Germany since reunification, conducted in disciplines such as economics, demography, ...
Die Vereinbarkeit von Beruf und Familie ist eine der größten Herausforderungen und gleichzeitig Gelingensbedingung für Geschlechtergerechtigkeit auf dem Arbeitsmarkt und im familiären Bereich. Die vorliegende Dissertation verdeutlicht in drei empirischen Papieren die Relevanz von Sorgearbeit für die Arbeitsmarktpartizipation von Frauen und Männern, sowie die Rolle von Unternehmen für das Unterfangen, ...
Exploiting the random allocation of asylum seekers to di<U+FB00>erent locations in Germany, we study the impact of right-wing voting on refugees’ integration. We <U+FB01>nd that in municipalities with more voting for the right-wing AfD, refugees have worse economic and social integration. These impacts are largest for groups targeted by AfD campaigns and refugees are also more likely to ...
This chapter surveys recent literature on the drivers of mothers’ labour supply in OECD countries. We present a number of facts on the variations across time and across countries of family composition and mothers’ employment. We aim to answer key questions on their decision to return to work after childbirth: How is the decision taken within the household? What are the contemporaneous and longer term ...
Working from home (WfH) has been widely adopted since the Covid-19 pandemic. Pre-pandemic evidence on how hybrid work arrangements relate to labour market outcomes is a scarce and valuable benchmark. We exploit the German Socio-Economic Panel between 1997 and 2014 to investigate how such a work arrangement relates to working hours, wages and job satisfaction for different demographic groups. We find ...
Objective: Leaders differ in their personalities from non-leaders. However, when do these differences emerge? Are leaders “born to be leaders” or does their personality change in preparation for a leadership role and due to increasing leadership experience? Method: Using data from the German Socio-Economic Panel Study, we examined personality differences between leaders (N = 2683 leaders, women: n ...