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We study the impact of a mobile-app-based behavioral intervention on youth's financial literacy and financial behavior. To maximize the chances to reach out-of-school youth, we provided access to a user-friendly budget recording tool coupled with biweekly enumerators' visits and SMSs during a...
Persistent link: https://www.econbiz.de/10014311951
countries since the collapse of communism. Most countries experienced an increase in wage inequality during the initial shock of … inequality. These changes are arguably the best guide to future trends in the wage distribution. Taking the case of Poland …, rising inequality appears to be entirely accounted for by an increased incidence of workless households. This rise in …
Persistent link: https://www.econbiz.de/10011400803
According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement...
Persistent link: https://www.econbiz.de/10011346563
We examine whether biases identified in the behavioral-economics literature apply in decision-making for others (DMfO …). We conduct a laboratory experiment in which subjects make decision on behalf of themselves and others in eighteen tasks …
Persistent link: https://www.econbiz.de/10011949189
incentivized decision task involves Bayesian assessments where participants may use existing (base rate) as well as new information … diet improved decision making relative to those who reported following No Diet. Our data fail to support these hypotheses …. In fact, we found some evidence that adherence to a No Sugar Diet predicted a reduced decision accuracy and was connected …
Persistent link: https://www.econbiz.de/10012430659
Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is ambiguous. Prosocial utility may depend on the actual utility consequences for others - it is consequence-dated - or it may be related to the act of giving and is thus...
Persistent link: https://www.econbiz.de/10012419311
Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012415076
inequality, whereas low-wage female workers reduce labor supply only if unequal pay is due to gender-discriminatory chances. Our …
Persistent link: https://www.econbiz.de/10012161104
We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate individual monetary rewards (selfish effort) or contribute to the production of...
Persistent link: https://www.econbiz.de/10012596233
We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...
Persistent link: https://www.econbiz.de/10012248856