My Wealth, (Y)Our Life Satisfaction? Sole and Joint Wealth Ownership and Life Satisfaction in Marriage.

This study examines the money-subjective well-being nexus by studying the link between changes in jointly and solely (i.e. respondents' own and their partner's own) held gross wealth and changes in married individuals' subjective well-being. Joint assets reflect norms of sharing responsibilities and resources. Solely held assets, in contrast, offer individual economic independence. Using wealth data from the German Socio-Economic Panel Study (SOEP; 2002, 2007, 2012, 2017), we estimate individual fixed effects regressions. Although coefficients for all three wealth measures are positive, our results highlight that only increases in jointly held wealth are associated with statistically significant increases in spouses' life satisfaction in Germany. Despite expectations about a stronger relevance of joint wealth for men compared to women in line with men's role as a financial provider for the family, we do not find substantial gender differences in the positive association between increases in joint wealth and life satisfaction. In light of the individualisation of marriages, our results highlight that the personal benefits associated with marital sharing of wealth seem to trump those of economic independence and financial autonomy. Supplementary Information: The online version contains supplementary material available at 10.1007/s10680-022-09630-7.

Anomie or imitation? The Werther effect of celebrity suicides on suicide rates in 34 OECD countries, 1960-2014.

Anomie and imitation have been prominent mechanisms explaining the Werther effect, i.e., the effect of celebrity suicides on a general population's suicide rate. This study presents a new approach to empirically disentangle both mechanisms. Imitation theory suggests that celebrities act as role models, and that the Werther effect is triggered by the status of the celebrity in question. Anomie theory, on the other hand, suggests that the Werther effect is triggered by the unexpectedness of the event. To this end, we empirically compare the effects of celebrity suicides with the effects of celebrities who died unexpectedly from causes other than suicide (accidents, illnesses, alcohol abuse). Based on language and page-link data from 3855 Wikipedia pages of the 495 celebrities who died from suicide between 1960 and 2014, we measure the status a celebrity has in a particular country and calculate the potential country-specific imitation effect of their suicide. In the same manner, we measure the status of celebrities who died unexpectedly from accidents, illnesses, or alcohol abuse to reflect anomie-related effects. We use these measures in an ecological study based on a time-series cross-sectional dataset for 34 OECD countries to assess their effects on a country's overall annual suicide rate. Fixed-effects analyses reveal that the country-specific status of celebrity suicides is associated with significant increases in overall suicide rates, while anomie-related, unexpected celebrity deaths are not associated with the overall suicide rates. The findings remain robust across a number of alternative specifications, such as controlling for further anomic factors at the macro level (divorce or unemployment rate, for instance). We conclude that the results support the imitation mechanism as an essential social explanation for the Werther effect.

Social Explanations of Lottery Play: New Evidence Based on National Survey Data.

This study examines the social contexts of gambling and analyzes social motivations for playing the lottery. We test three sociological approaches simultaneously: network effects, consumption theory, and strain theory. The data used (SOEP-IS, N = 5868 individuals) has several advantages beyond being a large-scale representative sample of the German population. With information on households, we can analyze social network effects while avoiding the problems of egocentric network data. Another benefit of the SOEP-IS is the panel structure. We use the panel structure to improve measurements of strain theory by using the decline in income over time as a measure for it. Our results suggest that the three theories explain different aspects of lottery play. Networks seem to have an influence on lottery play. Having another person in the household playing the lottery is positively associated with both the probability of playing (regularly) and expenditures on lottery tickets. Daydreams and the belief in good luck are positively associated with lottery play as well. Strain theory is confirmed insofar as we find that a decline in income is significantly related to expenditures but not to the probability of playing the lottery. Overall, this study suggests that people play the lottery depending on their social surroundings, their desire to participate in a world normally out of their reach, and the tensions they feel from the distance between their aspirations and their actual social position.