Job loss fears and (extremist) party identification: first evidence from panel data

[…] of how perceived economic insecurity impacts on political preferences. Using seventeen years of household panel data from the German Socio-Economic Panel, we examine whether job loss fears impact on individuals’ party identification. Consistent with the deprivation theory, we find strong and robust evidence that subjective job loss fears foster affinity for parties at the […]

The Great Recession and the distribution of household income

[…] countries. To what extent were household incomes affected by this event, and how did the effects differ across countries? This is the first cross-national study of the impact of the Great Recession on the distribution of household incomes. Looking at real income levels, poverty rates, and income inequality, it focusses on the period 2007-9, […]

Three essays in household finance -PhD thesis-

This thesis explores the impact of two behavioural finance concepts, social psychology and psychology, on household financial decisions. Under social psychology, I investigate whether the variety and intensity of social engagement enhances stock market participation. With regard to psychology, I examine two behavioural biases. First, I investigate whether mental accounting influences portfolio choice in […]

Austerity and the income distribution: the case of Cyprus

 The economic crisis affecting Cyprus is likely to have considerable impact on the income distribution. Our analysis provides an early assessment of the short-run distributional effects of austerity measures. We distinguish between fiscal measures that affect wages, taxes and contribution rates and measures that directly affect the function of the welfare system. Using the […]

The impact of mixing modes on reliability in longitudinal studies

[…] mode designs are increasingly important in surveys and large longitudinal studies are progressively moving to or considering such a design. In this context our knowledge regarding the impact of mixing modes on data quality indicators in longitu- dinal studies is sparse. This study tries to ameliorate this situation by taking advantage of a quasi-experimental […]

Distributional implications of the crisis in Greece in 2009-2012

The severe economic crisis affecting Greece since 2009 is having an unprecedented impact in terms of job and income losses, and is widely perceived to have a comparably significant effect in terms of greater inequality and increased poverty. We provide an assessment of whether (and to what extent) the latter is the case. More […]