We use the Socio-Economic Panel (SOEP), data for years 1984-2014, version 31, SOEP, 2015, doi:10.5684/soep.v31, which is subject to data protection regulation and is not allowed to be uploaded. The data set is available via the Research Data Center of the SOEP (https://www.diw.de/en/diw_02.c.221180.en/research_data_center_soep.html), which also provides all information about data structure and variables. Our Stata do-files include the program code for all of our results presented in the paper and the Appendix.
