Showing 1 - 10 of 430
The health status of people is a precious commodity and central to economic, socio-political, and environmental … the portrait of immigrants and natives. In this paper we are concerned with international migration and health outcomes in … insights into the Healthy Immigrant Paradox and the health assimilation of immigrants as we also elucidate selection and …
Persistent link: https://www.econbiz.de/10012943173
1992-2010 Health and Retirement Study (HRS). We estimate a discrete time hazard model to test whether diabetes affects the … not for females. This effect persists when we include controls for onset of other health conditions, two of which are …
Persistent link: https://www.econbiz.de/10012994089
example, report contradictory effects of education and compulsory schooling on mortality - ranging from zero to large …Education yields substantial non-monetary benefits, but the size of these gains is still debated. Previous studies, for … mortality reductions. Using data from 19 compulsory schooling reforms implemented in Europe during the twentieth century, we …
Persistent link: https://www.econbiz.de/10009653371
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...
Persistent link: https://www.econbiz.de/10010551016
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …
Persistent link: https://www.econbiz.de/10005051581
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10013072106
Using a representative online panel from the US, we examine how individuals' macroeconomic expectations causally affect … their personal economic prospects and their behavior. To exogenously vary respondents' expectations we provide them with … response to the forecasts, extrapolate to expectations about their personal economic circumstances and adjust their consumption …
Persistent link: https://www.econbiz.de/10012911043
We study the effects of overconfidence in a two-period investment-decision agency setting. Under common priors, agent risk aversion implies inefficiently low first-period investment. In our model, principal and agent disagree about the profitability of the investment decision conditional on a...
Persistent link: https://www.econbiz.de/10012770260
We propose a model of instrumental belief choice under loss aversion. When new information arrives, an agent is prompted to abandon her prior. However, potential posteriors may induce her to take actions that generate a lower utility in some states than actions induced by her prior. These losses...
Persistent link: https://www.econbiz.de/10012978311
self-selected information avoidance. All our findings can be captured by a model of optimally distorted expectations …
Persistent link: https://www.econbiz.de/10013012566