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Educational Choice and Risk Aversion: How Important Is Structural vs. Individual Risk Aversion?
Hartlaub, Vanessa; Schneider, Thorsten - Forschungsbasierte Infrastruktureinrichtung … - 2012
According to sociological theories on educational choice, risk aversion is the main driving force for class-specific educational decisions. Families from upper social classes have to opt for the academically most demanding, long-lasting courses to avoid an intergenerational status loss. Families...
Persistent link: https://www.econbiz.de/10009653975
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Knowledge and development : a cross-section approach
Chen, Derek Hung Chiat - 2004
"Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which … represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period … 1960 to 2000, they show that knowledge is a significant determinant of long-term economic growth. In particular, the …
Persistent link: https://www.econbiz.de/10010522968
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Transforming Arab Economies : Traveling Knowledge and Innovation Road, Overview
World Bank - 2014
innovation-driven economy. Part 2 describes the policies to be implemented in key areas of the knowledge economy: governance … improved their global competitiveness by taking the first steps in the direction of the knowledge economy. The World Bank Group … entrepreneurial economies, preparing a better-educated and skilled population, improving capabilities for innovation and research, and …
Persistent link: https://www.econbiz.de/10012560674
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Knowledge, productivity, and innovation in Nigeria : creating a new economy
Radwan, Ismail - 2010
Persistent link: https://www.econbiz.de/10012245410
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Precautionary Saving and Income Uncertainty in Germany: New Evidence from Microdata
Bartzsch, Nikolaus - Forschungsbasierte Infrastruktureinrichtung … - 2007
The saving ratio of households in Germany has increased in the past few years when the income trend was weak. This could be due to precautionary saving. In this paper, the importance of precautionary saving against income uncertainty is analyzed empirically using micro data from the German...
Persistent link: https://www.econbiz.de/10005017412
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The Role of Psychological Traits for the Gender Gap in Full-Time Employment and Wages: Evidence from Germany
Braakmann, Nils - Forschungsbasierte Infrastruktureinrichtung … - 2009
This paper shows that differences in various non-cognitive traits, specifically the "big five", positive and negative reciprocity, locus of control and risk aversion, contribute to gender inequalities in wages and employment. Using the 2004 and 2005 waves of the German Socio-Economic Panel,...
Persistent link: https://www.econbiz.de/10005017432
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Duration of Maternity Leave in Germany: A Case Study of Nonparametric Hazard Models and Penalized Splines
Kuhlenkasper, Torben; Kauermann, Göran - Forschungsbasierte Infrastruktureinrichtung … - 2009
The paper investigates maternity leave behavior in West Germany for females being employed between 1995 and 2006 using data from the German Socio Economic Panel. The observational study focuses on the investigation of individual and family-related covariate effects on the duration of maternity...
Persistent link: https://www.econbiz.de/10005017440
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The Impact of Participation in Sports on Educational Attainment: New Evidence from Germany
Cornelißen, Thomas; Pfeifer, Christian - Forschungsbasierte Infrastruktureinrichtung … - 2007
We analyze the impact of exercising sports during childhood and adolescence on educational attainment. The theoretical framework is based on models of allocation of time and educational productivity. Using the rich information from the German Socio-Economic Panel (GSOEP), we apply generalized...
Persistent link: https://www.econbiz.de/10005017445
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Risk Attitudes and Wage Growth: Replication and Reconstruction
Budria, Santi; Diaz-Serrano, Luis; Ferrer-i-Carbonell, Ada - Forschungsbasierte Infrastruktureinrichtung … - 2009
We replicate Shaw (1996) who found that individual wage growth is higher for individuals with greater preference for risk taking. Expanding her dataset with more American observations and data for Germany, Spain and Italy, we find mixed support for the earlier results. We present and estimate a...
Persistent link: https://www.econbiz.de/10005017474
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Necessity and Opportunity Entrepreneurs and Their Duration in Self-employment: Evidence from German Micro Data
Block, Jörn; Sandner, Philipp - Forschungsbasierte Infrastruktureinrichtung … - 2009
Using data from the German Socio-Economic Panel Study (GSOEP), we analyze whether necessity entrepreneurs differ from opportunity entrepreneurs in terms of self-employment duration. Using univariate statistics, we find that opportunity entrepreneurs remain in self-employment longer than...
Persistent link: https://www.econbiz.de/10005017484