Showing 1 - 10 of 118
talented workers leads to an escalating reliance on performance pay and other high-powered incentives, thereby shifting effort … distorts incentives downward in order to extract rents. More generally, as declining market frictions lead employers to compete …, while inequality tends to rise monotonically. Bonus caps and income taxes can help restore balance in agents' incentives and …
Persistent link: https://www.econbiz.de/10010635587
them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain …
Persistent link: https://www.econbiz.de/10010884315
Cultural traits play a significant role in the determination of economic outcomes and institutions. This paper presents evidence from laboratory experiments on the cultural integration of individuals of Chinese ethnicity in Australia, focusing on social preferences, preferences for competition,...
Persistent link: https://www.econbiz.de/10011279296
We develop a model that analyzes the impact of residential neighborhood and parents’ involvement in education on children’s educational attainment and test it using the UK National Child Development Study. We find that the better the quality of the neighborhood, the higher the parents’...
Persistent link: https://www.econbiz.de/10005761919
We investigate whether two crucial determinants of economic decision making – willingness to take risks and willingness to trust other people – are transmitted from parents to children. Our evidence is based on survey questions that ask about these attitudes directly, and are good measures...
Persistent link: https://www.econbiz.de/10005762390
This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local comparisons across a language barrier in Switzerland. This Röstigraben separates cultural groups, but neither labor markets nor political jurisdictions. Local contrasts across the...
Persistent link: https://www.econbiz.de/10005039654
We study empirically whether there is scope for parents to shape the economic preferences and attitudes of their children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children, as well as rich information about parental efforts in...
Persistent link: https://www.econbiz.de/10010676290
-attendance and by rare-prayer), lending support to corollaries derived from the theory and simulations. The main conclusions …
Persistent link: https://www.econbiz.de/10008568286
We analyze the intergenerational transmission of the strength of religion focusing on the interplay between family and peer effects. We develop a theoretical model suggesting that both peer quality and parental effort are of importance for the religious behavior of the children. We then bring...
Persistent link: https://www.econbiz.de/10009147298
The behaviour of migrant women on the labour market is influenced by a variety of factors, among which the culture of the home and host country. Part of the literature investigates the role of home-country culture. This study extends the literature by including a measure for the influence of...
Persistent link: https://www.econbiz.de/10009151022