Showing 1 - 10 of 56
We look for evidence of adaptation in well-being to major life events using eighteen waves of British panel data. Adaptation to marriage, divorce, birth of a child and widowhood appears to be rapid and complete, whereas this is not the case for unemployment. These findings are remarkably similar...
Persistent link: https://www.econbiz.de/10011279372
We look for evidence of habituation in twenty waves of German panel data: do individuals, after life and labour market events, tend to return to some baseline level of wellbeing? Although the strongest life satisfaction effect is often at the time of the event, we find significant lag and lead...
Persistent link: https://www.econbiz.de/10005703135
-employed than for employees. We argue that those estimates in previous studies might be biased by neglecting anticipation and … adaptation effects. For testing we specify several models accounting for anticipation and adaptation to self-employment and job … with large negative anticipation effects. In contrast to recent literature we find no specific long term effect of self …
Persistent link: https://www.econbiz.de/10008924596
"free-riders" from other nonmembers in the fixed effects equations, I find significant anticipation effects to unionism for …
Persistent link: https://www.econbiz.de/10008568284
often called the “no anticipation” assumption. In reality, subjects may receive private signals about the date when a … anticipation" assumption and rules out a "threat effect" of training programs in France. …
Persistent link: https://www.econbiz.de/10008684797
Extant evidence that the self-employed overestimate their returns by more than employees do is consistent with two mutually inclusive possibilities. Self-employment may generate optimism or optimists may be drawn to self-employment. This paper finds that employees who will be self-employed in...
Persistent link: https://www.econbiz.de/10010959674
expectations about the age at which one will leave the labor market appears to be easier for workers in jobs with welldefined …
Persistent link: https://www.econbiz.de/10005233875
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …
Persistent link: https://www.econbiz.de/10005078575
Labor market programs may affect unemployed individuals' behavior before they enroll. Such ex ante effects are hard to identify without model assumptions. We develop a novel method that relates self-reported perceived treatment rates and job-search behavioral outcomes, like the reservation wage,...
Persistent link: https://www.econbiz.de/10005761837
suggests that emigrants may have over-optimistic expectations about the incomes they can earn abroad, resulting in excessive … experiment with unique survey data on would-be emigrants' probabilistic expectations about employment and incomes in the …
Persistent link: https://www.econbiz.de/10005761951