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While strong social ties help individuals cope with missing institutions, trade is essentially limited to those who are part of the social network. We examine what makes the decision to trust a stranger different from the decision to trust a member of a given social network (a friend), by...
Persistent link: https://www.econbiz.de/10005086589
yields increased impulsiveness while inducing positive affect in women or affect (positive or negative) in men yields little … manipulation to identify the role of positive and negative mood/affect in intertemporal choice. Our results demonstrate that, while … differences in the discount rates of men and women, we find gender differences in the character of hyperbolic discounting in which …
Persistent link: https://www.econbiz.de/10005703106
We use natural experiments - plausibly exogenous, anticipated increases in the piece rate - to study how effort responds to incentives. Our first finding, like some previous studies, lends little support to the view that incentives increase effort: raising the piece rate has zero effect on total...
Persistent link: https://www.econbiz.de/10005822933
This chapter argues that the neglect of emotion in economic models explains their inability to predict important aspects of the labor market. We focus on one example: firms frequently cut real wages, increasing nominal wages by less than the inflation rate, but they very seldom cut nominal...
Persistent link: https://www.econbiz.de/10005763663
, affect can distort effort decisions relative to a fully cognitive benchmark, in a way that is consistent with evidence on …
Persistent link: https://www.econbiz.de/10005763926
Recently, economists and behavioral scientists have studied the pattern of human well-being over the lifespan. In dozens of countries, and for a large range of well-being measures, including happiness and mental health, well-being is high in youth, falls to a nadir in midlife, and rises again in...
Persistent link: https://www.econbiz.de/10010705567
By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show … that measures of subjective well-being indicate that women’s happiness has declined both absolutely and relative to men …. The paradox of women’s declining relative well-being is found across various datasets, measures of subjective well …
Persistent link: https://www.econbiz.de/10005103281
status of women. Although historically globalization is not generally linked to the advancement of women, several recent … country studies find export led growth in middle and low income countries is associated with improvements in women … suggest the mechanisms by which it operates? Measures of wages for men and women are an unreliable basis for study of gender …
Persistent link: https://www.econbiz.de/10005762192
this observation imply that targeting transfers to women is good economic policy? We develop a series of noncooperative … assess the policy implications of these models. We find that targeting transfers to women can have unintended consequences … and may fail to make children better off. Moreover, different forms of empowering women may lead to opposite results. More …
Persistent link: https://www.econbiz.de/10008924603
The welcome rise of replication tests in economics has not been accompanied by a single, clear definition of replication. A discrepant replication, in current usage of the term, can signal anything from an unremarkable disagreement over methods to scientific incompetence or misconduct. This...
Persistent link: https://www.econbiz.de/10011268328