Showing 1 - 10 of 79
widely across localities, suggesting that social norms may be important. We formalize the ethnic identity choice in a simple … framework, which highlights the interaction of material benefits stemming from the ethnic policies, identity costs associated … with breaking the norms of following the father's ethnicity, and social reputations altering the importance of identity …
Persistent link: https://www.econbiz.de/10012479957
This paper examines the role of educational expectations in the educational attainment process. We utilize data from a variety of datasets to document and analyze the trends in educational expectations between the mid-1970s and the early 2000s. We focus on differences across racial/ethnic and...
Persistent link: https://www.econbiz.de/10012462969
Obesity is associated with serious health problems, and it can generate adverse economic outcomes. We analyze a nationally-representative sample of young American adults to investigate the interplay between obesity, wages and self-esteem. Wages can be impacted directly by obesity, and they can...
Persistent link: https://www.econbiz.de/10012463549
Economic and social theorists have modeled race and ethnicity as a form of personal identity produced in recognition of … the costliness of adopting and maintaining a specific identity. These models of racial and ethnic identity recognize that … model the choice as an extensive-form game, where whites choose to accept or reject a separate mulatto identity and mixed …
Persistent link: https://www.econbiz.de/10012468735
Many consumers below the top of the distribution of a representative population by cognitive abilities barely react to monetary and fiscal policies that aim to stimulate consumption and borrowing, even when they are financially unconstrained and despite substantial debt capacity. Differences in...
Persistent link: https://www.econbiz.de/10012629499
We revisit two clinical trials that randomized depressed adults in India (n=775) to a brief course of psychotherapy or a control condition. Four to five years later, the treatment group was 11 percentage points less likely to be depressed than the control group. The more effective intervention...
Persistent link: https://www.econbiz.de/10013210039
Discrimination has been widely studied in economics and other disciplines. In addition to identifying evidence of discrimination, economists often categorize the source of discrimination as either taste-based or statistical. Categorizing discrimination in this way can be valuable for policy...
Persistent link: https://www.econbiz.de/10012479885
We construct a structural model of entry into self-employment to evaluate the impact of policies supporting entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the non-pecuniary benefits of running a business and not necessarily because they are good at...
Persistent link: https://www.econbiz.de/10012480659
We define saving regret as the wish in hindsight to have saved more earlier in life. We measured saving regret and possible determinants in a survey of a probability sample of those aged 60-79. We investigate two main causes of saving regret: procrastination along with other psychological...
Persistent link: https://www.econbiz.de/10012480889
Using 14,800 forecasts of one-year S&P 500 returns made by Chief Financial Officers over a 12-year period, we track the individual executives who provide multiple forecasts to study how their beliefs evolve dynamically. While CFOs' return forecasts are systematically unbiased, their confidence...
Persistent link: https://www.econbiz.de/10012482230