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Cognitive skills explain economic preferences, strategic behavior, and job attachment

Burks, Stephen V.; Carpenter, Jeffrey P.; Götte, Lorenz; … - 2008

Economic analysis has said little about how an individual's cognitive skills (CS's) are related to the individual's preferences in different choice domains, such as risk-taking or saving, and how preferences in different domains are related to each other. Using a sample of 1,000 trainee truckers...

Persistent link: https://www.econbiz.de/10003739951

Automatic stabilizers and economic crisis : US vs. Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...

Persistent link: https://www.econbiz.de/10003879344

Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? : Deutschland im Vergleich mit der EU und den USA

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009

Europäischen Union und in den USA in der aktuellen Wirtschaftskrise. Dazu werden zwei Szenarien simuliert: erstens ein … absorbiert werden, verglichen mit 32 % in den USA. Im Fall des Beschäftigungsschocks ist der Unterschied zwischen Europa und den … USA deutlich größer: 48 % in der EU und lediglich 34 % in den USA. Unter der Annahme, dass nur die Nachfrage …

Persistent link: https://www.econbiz.de/10003879733

Stuck in the slow lane : traffic composition and the measurement of labor productivity in the US trucking industry

Boyer, Kenneth Duncan (contributor); … - 2007

"Mirroring the railroad industry of the 1940's and 1950's, the trucking industry today appears to be achieving impressive productivity gains. But it is easy to confuse true productivity advances in transportation industries with changes in ton-miles per unit of input that are due simply to...

Persistent link: https://www.econbiz.de/10003446802

Using behavioral economic experiments at a large motor carrier : the context and design of the truckers and turnover project

Burks, Stephen V. (contributor) - 2007

The Truckers and Turnover Project is a statistical case study of a single firm and its employees which matches proprietary personnel and operational data to new data collected by the researchers to create a two-year panel study of a large subset of new hires. The project's most distinctive...

Persistent link: https://www.econbiz.de/10003594442

Comparing labor supply elasticities in Europe and the US : new results

Bargain, Olivier; Orsini, Kristian; Peichl, Andreas - 2012

We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status. Measurement differences are netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage...

Persistent link: https://www.econbiz.de/10009569304

Toward the integration of personality theory and decision theory in the explanation of economic and health behavior

Rustichini, Aldo; DeYoung, Colin G.; Anderson, Jon; … - 2012

Trait-based personality psychology and economics have taken different approaches to understanding individual differences, with the former emphasizing variables derived from the factor analysis of trait assessments, and the latter emphasizing variables derived from formal decision theory. In a...

Persistent link: https://www.econbiz.de/10009570095

Multidimensional affluence : theory and applications to Germany and the US

Peichl, Andreas; Pestel, Nico - 2011

This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. We illustrate this by analyzing the...

Persistent link: https://www.econbiz.de/10009379623

What are over-the-road truckers paid for? : evidence from an exogenous regulatory change on the role of social comparisons and work organization in wage determination

Burks, Stephen V.; Guy, Frederick - 2012

Using evidence from recent work on truckers and disaggregated older data prior researchers did not have, we revisit a classic topic and find some new answers. We focus on differentials in average annual earnings at the firm level among mileage-paid over-the-road tractor-trailer drivers ("road...

Persistent link: https://www.econbiz.de/10009532078

Health behavior and accident risk : obesity is associated with the future risk of heavy truck crashes among newly recruited commercial drivers

Anderson, Jon E.; Govada, Manjari; Steffen, Tricia K.; … - 2012

This study estimates the dose-response relationship between Body Mass Index (BMI) and crash risk in commercial motor vehicle operators. Intake data was collected on 744 new truck drivers who were training for their commercial driver's licenses at a school operated by the cooperating trucking...

Persistent link: https://www.econbiz.de/10009534064