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We report the results of a field experiment evaluating the impact of financial literacy training on teenagers between 14 and 16 years in German high schools. After the training, treated teenagers exhibit a significant increase in both interest in financial matters and self-assessed knowledge...
Persistent link: https://www.econbiz.de/10010986034
Disabled insurance (DI) beneficiaries lose benefits if labor incomes exceed certain thresholds (so called cash-cliffs ). The high implicit taxation of employment income is considered one of the prime reasons for the low outflow from the disability insurance. This paper presents the results of...
Persistent link: https://www.econbiz.de/10011212433
We use a series of field experiments in the Palestinian Territories to explore the impact of exposure to shocks on risk, time and ambiguity preferences. We exploit the historical episode of the construction of the separation wall between the State of Israel and the West Bank as an exogenous...
Persistent link: https://www.econbiz.de/10011163899
We conduct a field experiment in a naturally occurring labor environment and track whether the performance of workers … that workers performance is about 11% higher for the same total wage when their wage is increased in two steps as opposed …
Persistent link: https://www.econbiz.de/10011163933
We investigate the determinants of couples labor supply within an experimental setting. On the one hand, we are interested in the e ect of taxes on couples labor supply, but on the other hand we focus on factors beyond purely economic incentives: the role of the social norm of a male...
Persistent link: https://www.econbiz.de/10011163937
intrinsic motivations such as morals, norms and psychology? Agents may comply based on moral sentiments, social norms, guilt and …
Persistent link: https://www.econbiz.de/10011164060
right, while being paid the same wages as the first group. We find that performance is about 12% higher when employees self … performance decrease. An online follow-up survey reveals that the surprisingly high level of performance seems to be driven by …
Persistent link: https://www.econbiz.de/10011164079
We examine the benefits of objective performance measurement in a field experiment conducted in a retail bank. At the … outset objective performance measures of pro fits in each branch were only available on the branch level and managers … to individual performance measures. We find a significant positive impact of objective performance measurement on effort …
Persistent link: https://www.econbiz.de/10010957941
The classical Heckman (1976, 1979) selection correction estimator (heckit) is misspecified and inconsistent if an interaction of the outcome variable and an explanatory variable matters for selection. To address this specification problem, a full information maximum likelihood estimator and a...
Persistent link: https://www.econbiz.de/10010957980
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health...
Persistent link: https://www.econbiz.de/10010984927