Similar Search Results

Gender Differences in Risk Aversion: Do Single-Sex Environments Affect their Development?

Booth, Alison L; Cardona Sosa, Lina; Nolen, Patrick - C.E.P.R. Discussion Papers - 2011

Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in economically important ways. To test this, we designed a controlled experiment using first year college students who made choices over real-stakes lotteries at two distinct dates....

Persistent link: https://www.econbiz.de/10009365004

The intergenerational transmission of cognitive and non-cognitive abilities

Grönqvist, Erik; Öckert, Björn; Vlachos, Jonas - C.E.P.R. Discussion Papers - 2010

We study the intergenerational transmission of cognitive and non-cognitive abilities between parents and sons, using population-wide enlistment data. Conscripts are evaluated at the same age and with comparable methods across cohorts, and we correct for measurement error bias in fathers’...

Persistent link: https://www.econbiz.de/10008554235

Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2007

Is the way that people make risky choices, or tradeoffs over time, related to cognitive ability? This paper investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the population and incentive compatible measures. We conduct...

Persistent link: https://www.econbiz.de/10005067556

Salience, Risky Choices and Gender

Booth, Alison L; Nolen, Patrick - C.E.P.R. Discussion Papers - 2012

Risk theories typically assume individuals make risky choices using probability weights that differ from objective probabilities. Recent theories suggest that probability weights vary depending on which portion of a risky environment is made salient. Using experimental data we show that salience...

Persistent link: https://www.econbiz.de/10011083794

Providing financial education: a general equilibrium approach

Padula, Mario; Pettinicchi, Yuri - C.E.P.R. Discussion Papers - 2013

Since the early 2000s, the importance of financial literacy for safe financial behaviors has increased in public debate and has been the motivation for several national and international institutions to launch and promote financial education initiatives. Although discussion on the effects of...

Persistent link: https://www.econbiz.de/10011084571

Economic Conditions at Birth, Birth Weight, Ability, and the Causal Path to Cardiovascular Mortality

Modin, Bitte; den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2013

We analyze interaction effects of birth weight and the business cycle at birth on individual cardiovascular (CV) mortality later in life. In addition, we examine to what extent these long-run effects run by way of cognitive ability and education and to what extent those mitigate the long-run...

Persistent link: https://www.econbiz.de/10011084641

Cognitive Ability and Paternalism

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2002

This Paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a limited cognitive ability. People compute the costs and benefits of entering a transaction with an error. The government knows the distribution of true costs and benefits as well...

Persistent link: https://www.econbiz.de/10005662402

Are Risk Aversion and Impatience Related to Cognitive Ability?

Dohmen, Thomas J; Falk, Armin; Huffman, David; Sunde, Uwe - C.E.P.R. Discussion Papers - 2008

Persistent link: https://www.econbiz.de/10005666531

Deleverage and Financial Fragility

Maffezzoli, Marco; Monacelli, Tommaso - C.E.P.R. Discussion Papers - 2015

debt overhang. Hence large recessions may not result from large shocks, but, rather, from typical shocks interacting with … constraints, where private debt evolves endogenously. The effect of deleverage shocks on aggregate output is a non-linear, S …-shaped, function of the accumulated level of debt, i.e., of the degree of financial fragility. These results cast doubts on the …

Persistent link: https://www.econbiz.de/10011249374

Financial Crises, Monetary Policy and Financial Fragility; A Second-Generation Model of Currency Crises

Eijffinger, Sylvester C W; Goderis, Benedikt - C.E.P.R. Discussion Papers - 2002

abandonment with possible balance-sheet problems in the corporate sector. We show how debt levels can move a small economy from a …

Persistent link: https://www.econbiz.de/10005504385