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increases in risk taking. Where we can separately identify changes in risk-independent performance and risk taking, our … increases in risk taking. These effects are concentrated among those closest to the margin of elimination and among lower …
Persistent link: https://www.econbiz.de/10011731884
excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in … financial risk. We also find that families with employer stock are found to express more tolerance of financial risk, have … financial risk does not appear to represent a substantial problem in practice for most employee share owners, a small minority …
Persistent link: https://www.econbiz.de/10012002671
We evaluate the impacts of adopting algorithmic predictions of future offending (risk assessments) as an aid to … judicial discretion in felony sentencing. We find that judges' decisions are influenced by the risk score, leading to longer … evidence that this reshuffling led to a decline in recidivism, and, over time, judges appeared to use the risk scores less …
Persistent link: https://www.econbiz.de/10012149079
take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …
Persistent link: https://www.econbiz.de/10011880595
households reduce their financial risk exposure when confronted with background risk. Our novel modelling approach - termed a … risk, and is unique in recovering for, any given risky asset class, the shares that are reallocated to a safer asset … category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …
Persistent link: https://www.econbiz.de/10011594575
extraterrestrial civilization that we may encounter will be an AGI, and such an AGI will pose an existential risk. Two arguments are …
Persistent link: https://www.econbiz.de/10013541892
form of risk taking aimed at regaining rank, and it is the engagement in risk-taking behavior that is the cause of an … standing) and stress, do not refer to risk taking at all. We present four strands of research that lend support to our …, individuals resort to risk-taking behavior aimed at regaining their lost rank; evidence that there exists a link between …
Persistent link: https://www.econbiz.de/10014545099
We estimate the effects of the introduction and subsequent increases of a substantial minimum wage in Germany's main construction industry on wage and employment growth rates. Using a regional dataset constructed from individual employment histories, we exploit the spatial dimension and border...
Persistent link: https://www.econbiz.de/10011664363
auf den heimischen Arbeitsmarkt wird dazu zunächst ein Blick auf die gegenwärtige Krise der deutschen Bauwirtschaft und …
Persistent link: https://www.econbiz.de/10011294531
Using a linked employer-employee data set on the German construction industry, we analyse the effects of the introduction of minimum wages in this sector on labour market dynamics. In doing so, we focus on accessions and separations, as well as the underlying labour market flows, at the...
Persistent link: https://www.econbiz.de/10009575163