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the workforce are important determinants of entrepreneurship, and we also highlight the relevance of social networks, self …
Persistent link: https://www.econbiz.de/10012464634
entrepreneurial behavior considered: entry into entrepreneurship, performance outcomes, and exit from entrepreneurship. This … literature shows common results and many points of disagreement, reflective of the heterogeneous nature of entrepreneurship. We …
Persistent link: https://www.econbiz.de/10012453616
Many consumers below the top of the distribution of a representative population by cognitive abilities barely react to monetary and fiscal policies that aim to stimulate consumption and borrowing, even when they are financially unconstrained and despite substantial debt capacity. Differences in...
Persistent link: https://www.econbiz.de/10012629499
We revisit two clinical trials that randomized depressed adults in India (n=775) to a brief course of psychotherapy or a control condition. Four to five years later, the treatment group was 11 percentage points less likely to be depressed than the control group. The more effective intervention...
Persistent link: https://www.econbiz.de/10013210039
Discrimination has been widely studied in economics and other disciplines. In addition to identifying evidence of discrimination, economists often categorize the source of discrimination as either taste-based or statistical. Categorizing discrimination in this way can be valuable for policy...
Persistent link: https://www.econbiz.de/10012479885
The same government policy that incentivizes individuals to make a certain choice can have different effects across groups due to the existence of social norms. In this paper, we study how Chinese ethnic policies that give material benefits to minorities affect ethnicity choices for children in...
Persistent link: https://www.econbiz.de/10012479957
entrepreneurship. Previous work has recognized that workers may opt for self-employment due to the non-pecuniary benefits of running a … reveals that the personality traits that make entrepreneurship profitable are not always the same traits driving people to … open a business. This has important consequences for entrepreneurship policies. For example, subsidies for small businesses …
Persistent link: https://www.econbiz.de/10012480659
We define saving regret as the wish in hindsight to have saved more earlier in life. We measured saving regret and possible determinants in a survey of a probability sample of those aged 60-79. We investigate two main causes of saving regret: procrastination along with other psychological...
Persistent link: https://www.econbiz.de/10012480889
Using 14,800 forecasts of one-year S&P 500 returns made by Chief Financial Officers over a 12-year period, we track the individual executives who provide multiple forecasts to study how their beliefs evolve dynamically. While CFOs' return forecasts are systematically unbiased, their confidence...
Persistent link: https://www.econbiz.de/10012482230
Why do some individuals choose to evade taxes while others do not? One popular view is that some individuals cheat on their taxes because they are more dishonest, selfish, or perceive different social norms. There is, however, little direct evidence on this matter. In collaboration with the...
Persistent link: https://www.econbiz.de/10012482454