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Refereed essays Web of Science
We examine the composition of augmented household wealth, the sum of net worth and pension wealth, in the United States and Germany. Pension wealth makes up a considerable portion of household wealth of about 48% in the United States and 61% in Germany. When pension wealth is included in household wealth, the Gini coefficient falls from 0.889 to 0.700 in the United States and from 0.755 to 0.508 in ...
In:
The Scandinavian Journal of Economics
122 (2020), 3,S. 1140-1180
| Timm Bönke, Markus M. Grabka, Carsten Schröder, Edward N. Wolff
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Refereed essays Web of Science
Background: Residential relocations of couple households are associated with increases in objective gender inequality within families in paid and unpaid work. Little is known about how couples’ relocations affect subjective outcomes such as attitudes.Objective: We examine whether gender role attitudes change when families move residentially in Britain, empirically addressing potential explanations. ...
In:
Demographic Research
40 (2019), Art. 39, S. 1111–1152
| Sergi Vidal, Philipp M.Lersch
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Refereed essays Web of Science
In contrast to the assumptions of standard economic theory, recent experimental evi-dence shows that the income of peers has a systematic impact on observed degrees of risk aversion. This paper reports the findings of two experiments examining the impact of income inequality on risk preferences and whether the knowledge of inequality mediates the decisions. In Experiment 1, participants who were recruited ...
In:
Theory and Decision
87 (2019), 3, S. 283–297
| Ulrich Schmidt, Levent Neyse, Milda Aleknonyte
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Report
We regret to inform you that SOEP 2020 cannot take place this year.
The call for papers on our SOEP2020 - 14th International German Socio-Economic Panel User Conference is online.
Conference date: July 9-10, 2020, in Berlin!
Please submit electronic versions of abstracts (up to 300 words) no later than JAN 31, 2020 to: soep2020@diw.de
Researchers of all disciplines are invited to submit an abstract.The ...
12.12.2019
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
Occupational positions can explain an important part of the differences in pay between men and women. However, a considerable Gender Pay Gap exists even within the same occupational position. In this paper, we aim at understanding the reason for the gap within occupational positions and, therefore, investigate whether promotions lead to the same effect on earnings growth for men and women....
27.11.2019| Aline Zucco
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
Economists spend much of their lives talking about and correcting for sample selection. Recent evidence from behavioral economics documents that participants in lab experiments don't account for selection effects when they interpret conditional distributions. This "selection neglect" can distort expectations in settings where individuals learn from comparisons with other people who differ in...
13.11.2019| Annekatrin Schrenker
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DIW Weekly Report 44/45 / 2019
The present study compares the perceptions of fairness of national earned incomes between the populations of Germany and the rest of Europe based on recent data from the European Social Survey (ESS). The vast majority of European respondents consider very low gross earned incomes to be unjustly low. By contrast, very high incomes are less frequently considered too high in Germany than they are in the ...
2019| Jule Adriaans, Philipp Eisnecker, Stefan Liebig
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
This paper examines the causal impact of later retirement on outpatient care consumption among the French elderly. Outpatient care are defined as all the care provided out of the hospital setting. This question is of interest since spill effects may arise if later retirement increases health care expenditures. To deal with reverse causality issue, I use, as an instrumental variable, the 1993...
30.10.2019| Elsa Perdrix, Paris School of Economics
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SOEPpapers 1050 / 2019
The objective of the study is to investigate the changing role of explanatory factors of wealth and the gender wealth gap in Germany over the period 2002-2012 using individual level microdata from the German Socio-Economic Panel. The authors apply distributional decomposition methods and focus on the role of changes in labor supply, permanent income, portfolio composition, and marital status in this ...
2019| Eva Sierminska, Daniela Piazzalunga, Markus M. Grabka
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
Systematic differences along the wealth distribution in investment performance will potentially have large consequences for the level and persistence of wealth inequality. These differences in performance are hard to measure except in a few, select countries with detailed information on household portfolios. In this paper we use a modified version of the Global Capital Asset Pricing Model ...
07.08.2019| Johannes König