Showing 1 - 10 of 95
As from a political economy perspective, politicians often fail to implement structural reforms, we investigate if the resistance to reform is based on the differences in the risk preferences of voters, politicians, and bureaucrats. Based on the empirical results of a survey of the population in...
Persistent link: https://www.econbiz.de/10011746548
We investigate how worries in Germany change across time and age, drawing on both closed-ended questions (which typically list a number of worry items) and open-ended questions answered in text format. We find that relevant world events influence worries. For example, worries about peace peaked...
Persistent link: https://www.econbiz.de/10011669907
We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that was conducted on a large platform for making charitable donations over the web, we exogenously vary the default options in two distinct choice dimensions. The first pertains to...
Persistent link: https://www.econbiz.de/10010457934
of country‐specific multivariate regressions, we find that households with higher income and education levels have both a … of intergenerational transfers does not increase with the level of wealth or income. Using a fractional logit regression … we conclude that for higher income quintiles the share of current net worth due to past intergenerational transfers tends …
Persistent link: https://www.econbiz.de/10011441460
We suggest to use information from the state register of personal cars as an alternative indicator of economic inequality in countries with a large share of shadow economy. We illustrate our approach using the Latvian pool of personal cars. Our main finding is that the extent of household...
Persistent link: https://www.econbiz.de/10009579657
We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the … importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income …
Persistent link: https://www.econbiz.de/10011433584
' long-term income situation. …
Persistent link: https://www.econbiz.de/10011438560
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings...
Persistent link: https://www.econbiz.de/10011373904
-cycle insurance impact is much smaller. At the mean, a positive hours shock of one standard deviation raises life-time income by 10 …
Persistent link: https://www.econbiz.de/10012160640
visibility in the deprivation of goods and assets vis-à-vis income behind perceptions of relative deprivation. We rely on … that of deprivation in income. The effect is robust under various sensitivity checks and for a number of controls. The … relative economic situation and proposes that future research should not solely rely on income-based deprivation measures. …
Persistent link: https://www.econbiz.de/10010363484