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analyze the upper edge of income and wealth distribution in Germany with data from the German Socio·Economic Panel (SOEP … wealth they have on average (intensity), and how these financial resources are distributed among the rich persons … upper edge of income and wealth distribution. For example, we find that in comparison to the average in Germany, civil …
Persistent link: https://www.econbiz.de/10011185780
We propose an extension of the standard occupational choice model to analyze the life satisfaction of senior entrepreneurs as compared to paid employees and particularly retirees in Germany. The analysis identifies income and health status as main factors that shape the relationship between...
Persistent link: https://www.econbiz.de/10014438357
Theory suggests that subjective well-being is affected by income comparisons and adaptation to income. Empirical tests of the effects often rely on self-constructed measures from survey data. This paper shows that results can be highly sensitive to simple parameter changes. Using large-scale...
Persistent link: https://www.econbiz.de/10010313034
By using longitudinal data the relation between satisfaction with life and unemployment is analyzed in this study. Data used in this publication were made available by the German Socio Economic Panel Study (SOEP) at the German Institute for Economic Research (DIW Berlin), Berlin. A period from...
Persistent link: https://www.econbiz.de/10010326751
This publication concentrates on the complex interplay between poverty, wealth and life satisfaction. Main areas of … life are quantified in a multidimensional approach of poverty and wealth: Individual income, current health, occupational … from 1998-2009 is examined. This study has two main goals: (1) To contribute to the interconnection between poverty, wealth …
Persistent link: https://www.econbiz.de/10010327286
Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as worsened working conditions, or increased future...
Persistent link: https://www.econbiz.de/10010352761
German Socio-Economic Panel data is used to show that the decrease in life satisfaction caused by an increase in the probability of losing work is higher when self-employed than when paid employed. Further estimations reveal that becoming unemployed reduces self-employed workers' satisfaction...
Persistent link: https://www.econbiz.de/10010421063
The thoughts that an individual has about the future contribute substantially to their life satisfaction in a positive or negative direction. This is a result found via five different methods, some of which control for personality and disposition and the potential endogeneity of thoughts and...
Persistent link: https://www.econbiz.de/10010464359
Daylight savings time (DST) represents a public good with costs and benefits. We provide the first comprehensive examination of the welfare effects of the spring and autumn transitions for the UK and Germany. Using individual-level data and a regression discontinuity design, we estimate the...
Persistent link: https://www.econbiz.de/10010500170
Sleep is an important part of life, with an individual spending an estimated 32 years of her life asleep. Despite this importance, little is known about life satisfaction and sleep duration. Using German panel data, it is shown that sleep is an important factor for life satisfaction and that...
Persistent link: https://www.econbiz.de/10010504531