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Stress and coping : an economic approach

Wälde, Klaus - 2018

We present a psychological model of stress. Appraisal translates stressors into subjective stress. Stress reduces instantaneous utility of an individual directly and via cognitive load. Coping can be under the control of the individual or more automatic. We predict the occurrence of uncontrolled...

Persistent link: https://www.econbiz.de/10011819320

Taking the Lord's name in vain : the impact of connected directors on 19th Century British banks

Grossman, Richard S.; Imai, Masami - 2014

investigate whether the appointment of well-connected directors enhanced equity value for bank shareholders. Our analysis of panel … data shows that the appointment of connected directors did not increase the rate of return on bank equity. In fact, we find … that the appointment of MPs to directorships had negative effects on bank equity returns. Our event-study analysis …

Persistent link: https://www.econbiz.de/10010465141

Contractual and organizational structure with reciprocal agents

Englmaier, Florian (contributor); … - 2008

Empirically, compensation systems generate substantial effort despite weak monetary incentives. We consider reciprocal motivations as a source of incentives. We solve for the optimal contract in the basic principal-agent problem and show that reciprocal motivations and explicit performance-based...

Persistent link: https://www.econbiz.de/10003763282

Noblesse oblige? : determinants of survival in a life and death situation

Frey, Bruno S. (contributor); Savage, David A. (contributor) - 2008

This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural...

Persistent link: https://www.econbiz.de/10003771813

Why go to France or Germany, if you could as well go to the UK or the US? : selective features of immigration to four major OECD countries

Geis, Wido (contributor); Uebelmesser, Silke (contributor); … - 2008

Building on a new data set which is combined from national micro-data bases, we highlight differences in the structure of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all immigrants to the OECD world. Looking at immigrants by source...

Persistent link: https://www.econbiz.de/10003771831

Bank of England interest rate announcements and the foreign exchange market

Melvin, Michael; Saborowski, Christian; Sager, Michael; … - 2009

Since 1997, the Bank of England Monetary Policy Committee (MPC) has met monthly to set the UK policy interest rate. We …

Persistent link: https://www.econbiz.de/10003831967

How do migrants choose their destination country? : an analysis of institutional determinants

Geis, Wido; Übelmesser, Silke; Werding, Martin - 2008

For a long time, migration has been subject to intensive economic research. Nevertheless, empirical evidence regarding the determinants of migration still appears to be incomplete. In this paper, we analyze the effects of socio-economic and institutional determinants, especially labor-market...

Persistent link: https://www.econbiz.de/10003805994

Surviving the Titanic disaster : economic, natural and social determinants

Frey, Bruno S.; Savage, David A.; Torgler, Benno - 2009

The sinking of the Titanic in April 1912 took the lives of 68 percent of the people aboard. Who survived? It was women and children who had a higher probability of being saved, not men. Likewise, people traveling in first class had a better chance of survival than those in second and third...

Persistent link: https://www.econbiz.de/10003808139

Multi-Factor Gegenbauer processes and European inflation rates

Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2009

In this paper we specify a multi-factor long-memory process that enables us to estimate the fractional differencing parameters at each frequency separately, and adopt this framework to model quarterly prices in three European countries (France, Italy and the UK). The empirical results suggest...

Persistent link: https://www.econbiz.de/10003850335

Smoking habits : like father, like son, like mother, like daughter

Loureiro, Maria L.; Sanz de Galdeano, Anna; Vuri, Daniela - 2009

We use instrumental variable methods to investigate whether the impact of parental smoking habits on their children's smoking decisions is a causal one. We find evidence of same-sex role models in two-parent households: mothers play a crucial role in determining their daughters' smoking...

Persistent link: https://www.econbiz.de/10003883880

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