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In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is … foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert Heilbroner …
Persistent link: https://www.econbiz.de/10009523482
This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists … have much to learn from and contribute to personality psychology. -- personality psychology ; behavioral economics …
Persistent link: https://www.econbiz.de/10009380422
Using U.S. Census data for the years 1960-1980, we study the impact of unilateral divorce on outcomes of children (age 6-15) and their mothers. We find that the reform increased mothers' divorce, decreased family income and increased the fraction of mothers below the poverty line. For children,...
Persistent link: https://www.econbiz.de/10003652714
Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey....
Persistent link: https://www.econbiz.de/10003884097
To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback of such a measure is the possibility that different...
Persistent link: https://www.econbiz.de/10003895090
This paper tests a central implication of the theory of equalizing differences, that workers sort into jobs with different attributes based on their preferences for those attributes. We present evidence from four new time-use data sets for the United States and France on whether workers who are...
Persistent link: https://www.econbiz.de/10003579983
Trait-based personality psychology and economics have taken different approaches to understanding individual …
Persistent link: https://www.econbiz.de/10009570095
While large literatures have shown that cognitive ability and schooling increases employment and wages, an emerging literature examines the importance of so-called "non-cognitive skills" in producing labor market outcomes. However, this smaller literature has not typically used causal methods in...
Persistent link: https://www.econbiz.de/10009533374
I examine the effects of cognitive ability and personality traits on college graduation in a recent cohort of young Americans, and how the returns to these traits vary by family background, and find very substantial differences across family background groups in the personality traits that...
Persistent link: https://www.econbiz.de/10009727631
Self-esteem has been conceptualized as a "social vaccine". The belief is that high self-esteem can inoculate young people, against vulnerability to a wide range of social illnesses. This study gives a contribution in the understanding of the causal relation between self-esteem and sexual...
Persistent link: https://www.econbiz.de/10009697664