Abstract
We provide a concise introduction to a household-panel data infrastructure that provides the international research community with longitudinal data of private households in Germany since 1984: the German Socio-Economic Panel (SOEP). We demonstrate the comparative strength of the SOEP data in answering economically-relevant questions by highlighting its diverse and impactful applications throughout the field.
Funding statement: SOEP is funded by the Federal Ministry of Education and Research (BMBF) and the state governments under the umbrella of the Leibniz Association.
Acknowledgment
We thank Florian Griese, Uta Rahmann, and Paul Brockmann for their support and Adam Lederer for editing.
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