Risk attitudes are important predictors of various economic decisions and socio-economic outcomes. Although studies show that peoples’ general willingness to take risks decreases with age, there are few reports on the age dependence of domain-specific risk attitudes. Drawing on the...

Risk attitudes are important predictors of various economic decisions and socio-economic outcomes. Although studies show that peoples’ general willingness to take risks decreases with age, there are few reports on the age dependence of domain-specific risk attitudes. Drawing on the...

Integrating economic experiments into household surveys provides unique possibilities. We introduce the German Socio-Economic Panel's Innovation Sample (SOEPIS), which offers researchers detailed panel data and the possibility to collect personalized experimental and survey data for free. We...

Integrating economic experiments into household surveys provides unique possibilities. We introduce the German Socio-Economic Panel’s Innovation Sample (SOEP-IS), which offers researchers detailed panel data and the possibility to collect personalized experimental and survey data for free. We...

Micro-econometric intra-cohort profitability analyses of pay-as-you-go (PAYG) pension contributions are rare. We use representative employment histories of a birth cohort of German PAYG pension insurants retiring in year 2005 to econometrically examine the determinants of the profitability of...

Die flächendeckende Einführung des gesetzlichen Mindestlohns ist eine bedeutende Intervention in den Arbeitsmarkt und die marktwirtschaftliche Ordnung in Deutschland. Motiviert ist die gesetzliche Änderung vor allem sozialpolitisch: Die Einkommenssituation von Niedrigeinkommensbeziehern soll...

A distinguishing feature among households is whether adult members work or not, since the employment status affects a household’s available time for home activities. Using a survey method in two countries, Belgium and Germany, we provide household incomes that retain the level of well-being...