Showing 1 - 10 of 24
questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2 …) Do different cognitive abilities (e.g. math ability, language ability) and social ability affect earnings of … entrepreneurs and employees differently?, and (3) Does the balance in these measured ability levels affect an individual's earnings …
Persistent link: https://www.econbiz.de/10011257249
Growing interest in using personality variables in economic research leads to the question whether personality as … measured by psychology is useful to predict economic behavior. Is it reasonable to expect values on personality scales to be … predictive of behavior in economic games? It is undoubted that personality can influence large-scale economic outcomes. Whether …
Persistent link: https://www.econbiz.de/10011256055
efficiency advantage is solely driven by intelligence. We operationalize efficiency of health investment as the probability of …) healthy, (ii) ill (in hospital), and (iii) death. We use data from a Dutch cohort born around 1940 that links intelligence … tests at age 12 to later-life hospitalization and mortality records. The results suggest that higher Intelligence induces …
Persistent link: https://www.econbiz.de/10011255933
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation between emotions andbidding behavior in a second...
Persistent link: https://www.econbiz.de/10011255774
Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health, with consequences for wellbeing in old age. Systematic differences in the accuracy of longevity expectations may partly explain heterogeneity in economic behaviour by education...
Persistent link: https://www.econbiz.de/10011275101
This discussion paper led to a publication in <A href="http://jhr.uwpress.org/content/46/4/875.short">'The Journal of Human Resources'</A>.<p>Anchoring vignettes are increasingly used to identify and correct heterogeneity in the reporting of health, work disability, life satisfaction, political efficacy, etc. with the aim of improving interpersonal...</p></a>
Persistent link: https://www.econbiz.de/10011256357
of an organization. We argue that to further our understanding it should be understood in terms of human cognition of a …
Persistent link: https://www.econbiz.de/10011257510
variance of earnings of individual households. Specifications estimated are standard and quadratic ARCH and GARCH processes … impact on aggregate consumption growth implying that earnings uncertainty and precautionary saving motives matter for the … aggregate economy. The estimation of a buffer stock model of consumption with time-varying earnings uncertainty provides an …
Persistent link: https://www.econbiz.de/10011255920
differential social standing in adolescence predicts large and persistent earnings disparities over the entire life course. The … share of the earnings inequalities is mediated by differential post-secondary human and social capital investment. From a …
Persistent link: https://www.econbiz.de/10011257279
This discussion paper was published in the <I> Economics of Education Review</I> (2012). Vol. 31(5), 515-523.<P> The validity of family background variables instrumenting education in income regressions has been much criticized. In this paper, we use data of the 2004 German Socio-Economic Panel and...</p></i>
Persistent link: https://www.econbiz.de/10011257613