The law on labour market reforms has severely limited the maximum benefit period for the elderly; with cuts of up to 14 months, depending on the age group. Our paper examines this natural experiment and shows…
This report quantifies the micro-economic effects of introducing a child care benefit ("Betreuungsgeld") for children less than three years old in Germany on both the parental labour supply and child care…
This paper asks whether the gap in subjective happiness between spouses matters per se, i.e. whether it predicts divorce. We use three panel databases to explore this question. Controlling for the level of life…
Traditional economic theory assumes individuals to be entirely rational actors who are solely maximizing their own utility. However, various experimental studies show that individuals do not necessarily conform…
Measuring unobserved individual ability is a core challenge of the analysis of questions related to human capital development. For that purpose, concepts from psychology, predominantly measures of IQ have become…
