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How does revolutionary technological change impact wealth inequality? We turn to the mother of all technological shocks–the Industrial Revolution–and analyze its role for wealth concentration both empirically and theoretically. Based on a novel dataset on wealth shares at the level of...
Persistent link: https://www.econbiz.de/10014487319
informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this …
Persistent link: https://www.econbiz.de/10011340265
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startup characteristics to forecast the performance of newly started enterprises over a five years' time horizon. The … performance outcomes we consider are involuntary exit, above{average employment growth, a return on assets of above 20 percent … predict startup performance with either high or very high accuracy with the exception of high returns on assets where …
Persistent link: https://www.econbiz.de/10012195608
of instrumental information exist, studying information structures on performance pay. Second, information avoiders …
Persistent link: https://www.econbiz.de/10011751477
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This paper analyses theperformance ofmaturity transformation strategiesduring a period of high and low interest rates. Based on German government bond yieldsfrom September 1972 to May 2019,we construct a rolling window of bond ladders where long-term assets are financed by short-term...
Persistent link: https://www.econbiz.de/10012313784
Persistent link: https://www.econbiz.de/10013332449
, such as performance. We address this question through a field experiment in an educational setting. We study the causal … impact of mindfulness meditation on academic performance through a randomized evaluation of a well-known 8-week mindfulness … and non-cognitive skills. However, it takes time before students' performance can benefit from mindfulness meditation: we …
Persistent link: https://www.econbiz.de/10014476123
investor groups contribute to the negative performance externality from large outflows. Investment funds, as holders of mutual …-sophisticated ones, are the main receivers. These differences are due to investment funds reacting more strongly on past performance and …
Persistent link: https://www.econbiz.de/10013435221