Housing Wealth and Consumption: A Micro Panel Study

This study provides new evidence on the impact of parental wealth on college degree attainment. Using geocoded data from the Panel Study of Income Dynamics (1968-2017) linked to local housing price data from the Federal Housing Finance Agency, the empirical strategy analyzes parental housing wealth changes induced by local housing booms of the late 1990s-early 2000s and the subsequent housing bust of the 2007-2009 period. 2SLS/IV estimates show parental wealth significantly increases the likelihood of earning a four-year college degree. Moreover, the combined effects of parental income and wealth are significantly greater than the effects of income alone.

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The Marriage Wealth Premium Revisited

10.31235/osf.io/yqgdm ◽

2017 ◽

Author(s):

Philipp M. Lersch

Keyword(s):

Fixed Effects ◽

Regression Models ◽

Panel Study ◽

Household Wealth ◽

Gender Disparities ◽

Housing Wealth ◽

Economic Wealth ◽

Personal Wealth ◽

Fixed Effects Regression ◽

New Evidence

This study examines the association between marriage and economic wealth of women and men. Going beyond previous research, which focused on household wealth, I examine personal wealth which allows identifying gender disparities in the association between marriage and wealth. Using unique data from the German Socio-Economic Panel Study (2002, 2007, 2012), I apply random-effects and fixed-effects regression models to test my expectations. I find that both, women and men, experience substantial marriage wealth premiums not only in household but also in personal wealth. I do not find consistent evidence for gender disparities in these general marriage premiums. Additional analyses indicate, however, that women’s marriage premiums are substantially lower than men’s premiums in older cohorts and when only considering non-housing wealth. Overall, this study provides new evidence that women and men gain unequally in their wealth attainment through marriage.

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The Accumulation of Wealth in Marriage: Over-Time Change and Within-Couple Inequalities

European Sociological Review ◽

10.1093/esr/jcaa006 ◽

2020 ◽

Vol 36 (4) ◽

pp. 580-593 ◽

Cited By ~ 3

Author(s):

Nicole Kapelle ◽

Philipp M Lersch

Keyword(s):

Fixed Effects ◽

Panel Study ◽

Early Years ◽

Quality Data ◽

Wealth Accumulation ◽

Housing Wealth ◽

Household Level ◽

Wealth Inequalities ◽

Fixed Effects Regression ◽

Over Time

Abstract This study examines the accumulation of personal wealth of husbands and wives and investigates the development of within-couple wealth inequalities over time in marriage. Going beyond previous research that mostly studied the marriage wealth premium using household-level wealth data and that conceptualized marriage as an instantaneous transition with uniform consequences over time, we argue that entry into marriage is a gendered life-course event that dynamically shapes husbands’ and wives’ wealth accumulation. Using high-quality data from the German Socio-Economic Panel Study (2002, 2007, 2012, and 2017), we apply fixed-effects regression models to describe wealth accumulation within marriage. We find evidence that wealth premiums are lower during early years of marriage, but increase steadily thereafter. The premium is mostly concentrated in housing wealth. Results from supplementary analyses with limited data, however, suggest that the premium may not be causal for men. Regarding within-couple wealth inequalities, we find a pronounced within-couple wealth gap prior to marriage during pre-marital cohabitation. This gap remains stable over time in marriage. In contrast to findings regarding income, our study indicates that the institution of marriage may not amplify within-couple wealth inequalities further.

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Precautionary Saving and Income Uncertainty in Germany – New Evidence from Microdata

Jahrbücher für Nationalökonomie und Statistik ◽

10.1515/jbnst-2008-0103 ◽

2008 ◽

Vol 228 (1) ◽

Cited By ~ 9

Author(s):

Nikolaus Bartzsch

Keyword(s):

Risk Aversion ◽

Cross Section ◽

Panel Study ◽

Precautionary Saving ◽

Housing Wealth ◽

Income Uncertainty ◽

Financial Wealth ◽

Alternative Measures ◽

New Evidence ◽

Precautionary Wealth

SummaryThis paper uses microdata from the German Socio-Economic Panel Study (GSOEP) to analyse the importance of precautionary saving under income uncertainty. In a cross-section of households, wealth in 2002 is regressed on alternative measures of income uncertainty. In addition to the usual controls, risk aversion is also taken into account. When using net financial wealth, precautionary saving is statistically significant and economically quite important. Precautionary net financial wealth is estimated to make up, on average, around 20% of total aggregate net financial wealth. Unlike net financial wealth, housing wealth is not used as a buffer stock against income uncertainty, the most likely reason being its illiquidity in Germany. Not controlling for risk aversion leads to an overestimation of precautionary wealth. This result contradicts the findings of Fuchs-Schündeln and Schündeln (2005) who suggest that, owing to self-selection, not controlling for risk aversion results in a significant reduction in aggregate precautionary wealth holdings.

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FDA Panel: Study Hepatitis B Drug in Children

Pediatric News ◽

10.1016/s0031-398x(05)70087-4 ◽

2005 ◽

Vol 39 (4) ◽

pp. 11 ◽

Cited By ~ 2

Author(s):

ELIZABETH MECHCATIE

Keyword(s):

Hepatitis B ◽

Panel Study

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Diagnostik von ICT Literacy: Messen Multiple-Choice-Aufgaben und simulationsbasierte Aufgaben vergleichbare Konstrukte?

Diagnostica ◽

10.1026/0012-1924/a000243 ◽

2020 ◽

Vol 66 (3) ◽

pp. 147-157

Author(s):

Martin Senkbeil ◽

Jan Marten Ihme

Keyword(s):

Information Literacy ◽

Large Scale ◽

Panel Study ◽

Multiple Choice ◽

Ict Literacy ◽

Computer And Information Literacy ◽

Literacy Test

Zusammenfassung. ICT Literacy legt eine performanzbasierte Erfassung mit simulierten und interaktiven Testaufgaben nahe. Der vorliegende Beitrag untersucht, ob mit Multiple-Choice (MC)-Aufgaben ein vergleichbares Konstrukt wie mit Simulationsaufgaben erfasst wird. Hierfür wurden die Testergebnisse zweier Instrumente aus aktuellen Large-Scale-Studien gegenübergestellt, die an N = 2 075 Jugendlichen erhoben wurden: der auf MC-Aufgaben basierende ICT Literacy-Test für Klasse 9 des Nationalen Bildungspanels (National Educational Panel Study, NEPS) und der simulationsbasierte Kompetenztest der internationalen Schulleistungsstudie ICILS 2013 (International Computer and Information Literacy Study). Die Analysen unterstützen die Gültigkeit der Konstruktinterpretation des MC-basierten Tests in NEPS. Im Sinne der konvergenten Evidenz korrelieren die MC-Aufgaben substanziell mit den computer- und simulationsbasierten Aufgaben in ICILS 2013 (.68 ≤ r ≤ .90). Weiterhin ergeben sich positive und für beide Tests vergleichbar hohe Korrelationen mit ICT-bezogenen Schülermerkmalen (z. B. Selbstwirksamkeit). Weiterführende Analysen zum Zusammenhang mit allgemeinen kognitiven Fähigkeiten zeigen zudem, dass ICT Literacy und kognitive Grundfähigkeiten distinkte Faktoren repräsentieren.

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The Effect of Suicide-Related Internet Use on Users’ Mental Health

Crisis ◽

10.1027/0227-5910/a000201 ◽

2013 ◽

Vol 34 (5) ◽

pp. 348-353 ◽

Cited By ~ 25

Author(s):

Hajime Sueki

Keyword(s):

Mental Health ◽

Young Adults ◽

Suicidal Ideation ◽

Internet Use ◽

Panel Study ◽

Psychological Effects ◽

The Internet ◽

Negative Effects ◽

Suicide Methods ◽

Internet Users

Background: Previous studies have shown that suicide-related Internet use can have both negative and positive psychological effects. Aims: This study examined the effect of suicide-related Internet use on users’ suicidal ideation, depression/anxiety tendency, and loneliness. Method: A two-wave panel study of 850 Internet users was conducted via the Internet. Results: Suicide-related Internet use (e.g., browsing websites about suicide methods) had negative effects on suicidal ideation and depression/anxiety tendency. No forms of suicide-related Internet use, even those that would generally be considered positive, were found to decrease users’ suicidal ideation. In addition, our results suggest that the greater the suicidal ideation and feelings of depression and loneliness of Internet users, the more they used the Internet. Conclusion: Since suicide-related Internet use can adversely influence the mental health of young adults, it is necessary to take measures to reduce their exposure to such information.

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