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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/10010462152
Using data from national socio-economic panel surveys in Australia, Britain and Germany, this paper analyzes the … due to unmistakable evidence in the German Socio-Economic Panel that, during the last 25 years, over a third of the … precisely because it is purely a theory of stability. The paper is based on specially constructed panel survey files in which …
Persistent link: https://www.econbiz.de/10008859059
Persistent link: https://www.econbiz.de/10014251855
Using data from the long-running German Socio-Economic Panel (SOEP) 1984-2008, this paper analyses the effects of … ; individual choice ; panel regression analysis ; SOEP …
Persistent link: https://www.econbiz.de/10003966917
Using data from the long-running German Socio-Economic Panel (SOEP) 1984-2008, this paper analyses the effects of … ; individual choice ; panel regression analysis ; SOEP …
Persistent link: https://www.econbiz.de/10003971047
, nationally representative panel surveys in Australia, Britain and Germany. The models are based on a modified concept of Granger … encompass two-way causation and panel survey data. It transpires that our Granger-style models have satisfactory fits to the … panel data and are stable. Alternative models fit the data much less well. Substantively, we find that two-way causation is …
Persistent link: https://www.econbiz.de/10010440542
We study the relationship between overconfidence and the political and financial behavior of a nationally representative sample. To do so, we introduce a new method of eliciting overconfidence that is simple to understand, quick to implement, and captures respondents' excess confidence in their...
Persistent link: https://www.econbiz.de/10012648019
We study the relationship between overconfidence and the political and financial behavior of a nationally representative sample. Consistent with theoretical predictions, our findings indicate that excessive confidence in one's judgment is associated with lower portfolio diversification, greater...
Persistent link: https://www.econbiz.de/10015075012
This documentation describes the data preparation of the new consumption module in the German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10010188616
Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a...
Persistent link: https://www.econbiz.de/10014119784