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Economic research shows that candidates have a higher chance of getting (re-)elected when they have the luck that the world economy does well even though this is beyond their control and unrelated to their competence. Psychological research demonstrates that candidates increase their chances if...
Persistent link: https://www.econbiz.de/10010877923
In many countries there is a considerable gender gap in enrolment for a bachelor’s degree in Economics, arguably an … discriminating against female applicants. What we find is that girls are less likely to apply for a bachelor’s degree in Economics to … Maths in high school and this may deter them from applying to study Economics at the university level. However, even among …
Persistent link: https://www.econbiz.de/10010948840
happiness research is able to contribute important insights for economics. We report how the economic variables income …
Persistent link: https://www.econbiz.de/10005765884
, sustaining only modest cuts in emissions. These results are unaffected by uncertainty about the impact of catastrophe. By … contrast, uncertainty about the catastrophic threshold typically causes coordination to collapse. Whether the probability …
Persistent link: https://www.econbiz.de/10010877724
This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...
Persistent link: https://www.econbiz.de/10010877773
some recipients are exposed to uncertainty. Although, under certainty almost all uninvolved participants distribute … resources equally, they exhibit remarkable heterogeneity in just allocations under uncertainty. Moreover, uninvolved … participants allocate on average less to recipients exposed to higher degrees of uncertainty and allocations are correlated with …
Persistent link: https://www.econbiz.de/10010877816
prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost …
Persistent link: https://www.econbiz.de/10010877871
circulation model. It also features Epstein-Zin utility and uncertainty about climate sensitivity that resolves after some time …
Persistent link: https://www.econbiz.de/10010886106
). Exogenous uncertainty over the size of the negotiated amount of water is introduced to capture the fact that water availability …
Persistent link: https://www.econbiz.de/10005249457
The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief …
Persistent link: https://www.econbiz.de/10005013955