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Prospect Theory and Tax Evasion: A Reconsideration of the Yitzhaki Puzzle
Piolatto, Amedeo; Rablen, Matthew D. - Institute for the Study of Labor (IZA) - 2013
The standard expected utility model of tax evasion predicts that evasion is decreasing in the marginal tax rate (the Yitzhaki puzzle). The existing literature disagrees on whether prospect theory overturns the puzzle. We disentangle four distinct elements of prospect theory and find loss...
Persistent link: https://www.econbiz.de/10010884369
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A Parametric Analysis of Prospect Theory's Functionals for the General Population
Booij, Adam S.; Praag, Bernard M. S. van; van de … - Institute for the Study of Labor (IZA) - 2009
This paper presents the results of an experiment that completely measures the utility function and probability …
Persistent link: https://www.econbiz.de/10005822425
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Life Satisfaction, Income and Personality
Proto, Eugenio; Rustichini, Aldo - Institute for the Study of Labor (IZA) - 2015
We use personality traits to better understand the relationship between income and life satisfaction. Personality traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and punishment, is strong in both the British Household...
Persistent link: https://www.econbiz.de/10011168446
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Reference Points and Effort Provision
Abeler, Johannes; Falk, Armin; Goette, Lorenz; Huffman, … - Institute for the Study of Labor (IZA) - 2009
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …
Persistent link: https://www.econbiz.de/10005078575
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Compensating Differentials in Experimental Labor Markets
Carpenter, Jeffrey P.; Matthews, Peter Hans; Robbett, Andrea - Institute for the Study of Labor (IZA) - 2015
The theory of compensating differentials has proven difficult to test with observational data: the consequences of selection, unobserved firm and worker characteristics, and the broader macroeconomic environment complicate most analyses. Instead, we construct experimental, real-effort labor...
Persistent link: https://www.econbiz.de/10011163479
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Effect of Perceptions and Behaviour on Access to and Use of Financial Service: Evidence from South Africa
Annim, Samuel; Arun, Thankom Gopinath; Kostov, Philip - Institute for the Study of Labor (IZA) - 2012
This study investigates the effect of financial perception and behaviour on; (a) general accounts and services, (b … three estimations support the hypothesis that financial perception has a greater effect on the decision to access and use … behaviour is greater than financial perception when making decisions on the take-up and use of investment financial services. It …
Persistent link: https://www.econbiz.de/10010766375
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Usage of Financial Services in South Africa: Perceptions Matter
Kostov, Philip; Arun, Thankom Gopinath; Annim, Samuel - Institute for the Study of Labor (IZA) - 2013
specification to examine the effect of financial perception. Our results suggests that after controlling for endogeneity of choices … of financial perception however reduces and gradually disappears as one moves up the financial access ladder towards more …
Persistent link: https://www.econbiz.de/10010766378
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Immigration and Crime: New Empirical Evidence from European Victimization Data
Nunziata, Luca - Institute for the Study of Labor (IZA) - 2014
whether immigration affects crime victimization and the perception of criminality among European natives. Using data from the … regional immigration shares, whose implications in terms of attenuation bias are investigated by means of Monte Carlo …
Persistent link: https://www.econbiz.de/10011078406
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Wish You Were Here? Quasi-Experimental Evidence on the Effect of Education on Attitude toward Immigrants
d'Hombres, Beatrice; Nunziata, Luca - Institute for the Study of Labor (IZA) - 2015
natives' opinion toward immigration exploiting reforms in compulsory education in Europe in the 1960s through the 1990s. Our …
Persistent link: https://www.econbiz.de/10011195832
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Non-Response Biases in Surveys of School Children: The Case of the English PISA Samples
Micklewright, John; Schnepf, Sylke V.; Skinner, Chris - Institute for the Study of Labor (IZA) - 2010
We analyse response patterns to an important survey of school children, exploiting rich auxiliary information on respondents' and non-respondents' cognitive ability that is correlated both with response and the learning achievement that the survey aims to measure. The survey is the Programme for...
Persistent link: https://www.econbiz.de/10008592862