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Book(print)#22014
The long shadow of socialism: on East-West German differences in financial literacy
In: MEA Discussion papers 282-2014
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Book(print)#32011
Who lost the most?: financial literacy, cognitive abilities, and the financial crisis
In: MEA Discussion papers 234-2011
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Zur Anhebung der Altersgrenzen: Eine Simulation der langfristigen Auswirkungen auf die gesetzliche Rentenversicherung bei unterschiedlichem Renteneintrittsverhalten
In: Sonderforschungsbereich 504, Rationalitätskonzepte, Entscheidungsverhalten und ökonomische Modellierung 08-44
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Article(electronic)#62021
Finanzwissen und Finanzbildung in Deutschland – Was wissen wir eigentlich? (Financial Literacy and Financial Education – What Do We Actually Know?)
In: ZEW - Centre for European Economic Research Discussion Paper No. 21-016
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Article(electronic)#72014
The Long Shadow of Socialism: On East-West German Differences in Financial Literacy
In: Max Planck Institute for Social Law and Social Policy Discussion Paper No. 282-14
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Article(electronic)#82013
Once Burned, Twice Shy? Financial Literacy and Wealth Losses During the Financial Crisis
In: Review of Finance, Forthcoming
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Article(electronic)#92012
Subjective Life Expectancy and Private Pensions
In: MEA Discussion Paper No. 265-12
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Article(electronic)#102011
Financial Literacy and Retirement Planning in Germany
In: NBER Working Paper No. w17110
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Article(electronic)#112011
Who Lost the Most? Financial Literacy, Cognitive Abilities, and the Financial Crisis
In: ECB Working Paper No. 1299
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Article(electronic)#122011
Financial Literacy and Retirement Planning in Germany
In: Netspar Discussion Paper No. 01/2011-020
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Article(electronic)#13December 2017
The Long Shadow of Socialism: Puzzling Evidence on East‐West German Differences in Financial Literacy
In: Economic notes, Volume 47, Issue 2-3, p. 413-438
ISSN: 1468-0300
We use the German re‐unification as a natural experiment to understand drivers of financial literacy accumulation. We find that 20 years after re‐unification there is evidence for a significant financial literacy gap between East and West. While for instance women and those who have migrated from East to West have mastered to catch up with their West German peers, others did not. Decomposition of the financial literacy gap shows that most of it remains unexplained when including common factors explaining financial literacy acquisition. Thus, even if the socio‐demographic differences between East and West were to vanish, differences in financial literacy would remain.
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Article(electronic)#14April 2009
Zur Anhebung der Altersgrenzen
In: Sozialer Fortschritt: unabhängige Zeitschrift für Sozialpolitik = German review of social policy, Volume 58, Issue 4, p. 69-79
ISSN: 1865-5386
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Article(electronic)#152023
Do Individuals Accept Fluctuations in Pension Income?
In: ZEW - Centre for European Economic Research Discussion Paper No. 23-019
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