LEHRSTUHL FÜR

FINANZWISSENSCHAFT

We use nationally representative data from the UK Time-Use Survey 2014/2015 to investigate how a person’s employment status is related to time use and cognitive and affective dimensions of subjective well-being. We do not find clear indications that employed and unemployed persons experience different average levels of emotional well-being when they engage in the same kinds of activities. For the employed, working belongs to one of the least enjoyable activities of their day. They also spend a large share of their time at work and on work-related activities. The unemployed, instead, spend more time on leisure and more enjoyable activities. When looking at duration-weighted average affective well-being over the entire waking time of the day, the unemployed experience, on average, more enjoyment than the employed. For the employed, the more hours they have to work on a specific day, the lower the average enjoyment they experience on that day. Differentiating the analyses by weekdays and weekends supports the finding that being able to freely allocate one’s non-work time is associated with higher levels of affective well-being. In line with previous studies on cognitive well-being, we find that the unemployed report substantially lower levels of life satisfaction than the employed.

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This paper analyses the relationship between a husband’s job loss and marital stability, focusing on involuntary employment terminations due to plant closures or dismissals. Using discrete survival analysis techniques on data from the German Socio-Economic Panel, we find plant closures and dismissals to be associated with a 54 and 74% higher risk of marital dissolution respectively, though the strength of association varies significantly by how long ago the change in employment status occurred. We extend the previous literature by considering heterogeneity in the relationship depending on whether new employment was found. Our analysis shows that the dissolution risk remains elevated even in couples where the husband has taken up a new position. Surprisingly, the relative risk of dissolution following the first period in a new job after a job loss is about the same as the relative risk of dissolution following the first period without employment. The relationship between finding a new job and marital dissolution appears to be mediated by changes in working hours as well as wages. In two extensions, we also consider the role of the wife’s employment status in moderating the relationship and show that a wife’s job loss is not associated with a similar increase in the probability of divorce as a husband’s.

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In this paper, I estimate extended income equivalence scales from income satisfaction and time-use data contained in the German Socio-Economic Panel. Designed to capture the needs of additional household members, these scales account for both, increases in households’ money income and domestic production requirements. The estimation procedure determines equivalence weights in these two components separately by combing the subjective with the objective approach. The findings suggest greater monetary equivalence weights for adults than for children, whereas household production increases more strongly in the number of children than in the presence of an adult partner. Differences in relative needs tend to balance out in the extended income equivalence scale, assigning additional adults and children almost identical weights of about 45%. I illustrate the implications of these estimates for measures of income inequality using the same dataset.

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Die sehr negativen Prognosen zur Beschäftigungswirkung der Einführung des Mindestlohns in Deutschland hätten sich nicht bewahrheitet, schrieben Oliver Bruttel, Arne Baumann und Matthias Dütsch in den PWP 3/2019. Andreas Knabe, Ronnie Schöb und Marcel Thum halten dem in diesem Beitrag entgegen, dass sich Prognosen und tatsächliche Beschäftigungswirkungen des Mindestlohns gar nicht wesentlich unterscheiden. Zum einen hätten sich die Beschäftigungsverluste bisher stark in einer Reduktion der Zahl der Arbeitsstunden je Beschäftigten niedergeschlagen. Zum anderen erhielten weiterhin viele Arbeitnehmer weniger als den Mindestlohn, was die bislang messbaren negativen Beschäftigungswirkungen mindere.

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Diese Studie untersucht Faktoren, die die teilweise starken Unterschiede in der Beschäftigungspflichtquote Schwerbehinderter zwischen den deutschen Bundesländern im Zeitraum von 2003 bis 2015 erklären können. Sie legt dabei besonderen Wert auf die Situation in Sachsen-Anhalt, das in diesem Zeitraum die deutschlandweit niedrigste Beschäftigungsquote aufweist. Die multivariate statistische Analyse liefert Hinweise darauf, dass der Erfüllungsgrad der Beschäftigungspflichtquote nach § 154 SGB IX in stärkerem Ausmaß von soziodemografischen als von ökonomischen Strukturmerkmalen der Länder bestimmt wird. Als Hauptdeterminante tritt in dem hier spezifizierten Modell der Anteil der (registrierten) Schwerbehinderten an der Gesamtbevölkerung hervor.

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