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Disparities in psychological traits and income : race, ethnicity, and gender in the U.S.

Dariel, Aurélie; Ham, John C.; Nikiforakis, Nikos; … - 2024

There are pronounced racial, ethnic, and gender gaps in income in the U.S. We investigate whether these correspond with differences in competitiveness, risk tolerance, and confidence relative to performance in a large, stratified sample of the U.S. prime-age population. We find substantial...

Persistent link: https://www.econbiz.de/10014493852

Worker stress and performance pay: German survey evidence

Baktash, Mehrzad B.; Heywood, John S.; Jirjahn, Uwe - 2021

While performance pay can benefit firms and workers by increasing productivity and wages, it has also been associated with a deterioration of worker health. The transmission mechanisms for this deterioration remain in doubt. We examine the hypothesis that increased stress is one transmission...

Persistent link: https://www.econbiz.de/10012793323

Transparency of the welfare system and labor market outcomes of unemployed workers

Cairo, Sofie; Mahlstedt, Robert - 2021

We study how the transparency of welfare systems affects labor market outcomes of unemployed workers in a large-scale field experiment. Our low-cost information intervention uses a personalized online tool that informs benefit recipients about their personal risk of a benefit reduction when not...

Persistent link: https://www.econbiz.de/10012793326

Economic preferences and obesity: evidence from a clinical lab-in-field experiment

Pastore, Chiara; Schurer, Stefanie; Tymula, Agnieszka; … - 2020

We study economic decision-making of 284 people with obesity and pre-diabetes who participated in a 6-months randomised controlled trial to control weight and prevent diabetes. To elicit preferences, we use incentive-compatible experimental tasks that participants completed during their medical...

Persistent link: https://www.econbiz.de/10012322306

Preferences and biases in educational choices and labor market expectations : shrinking the black box of gender

Reuben, Ernesto; Wiswall, Matthew; Zafar, Basit - 2013

labor market trajectories. Using an experiment to derive students' levels of overconfidence, and preferences for … and overconfidence, but not risk aversion, is systematically related with expectations about future earnings: individuals … in overconfidence and competitiveness explain about 18% of the gender gap in earnings expectations. These experimental …

Persistent link: https://www.econbiz.de/10009792974

Social insurance with competitive insurance markets and risk misperception

Cremer, Helmuth; Roeder, Kerstin - 2016

This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is desirable if and only if risk and productivity are negatively correlated. This condition is...

Persistent link: https://www.econbiz.de/10011449932

Overconfidence and health insurance participation among the elderly

Huang, Wei; Luo, Mi - 2015

-economic status and poorer health are relatively less likely to realize how unhealthy they are and this overconfidence is associated …

Persistent link: https://www.econbiz.de/10011387003

The gender gap in top jobs : the role of overconfidence

Adamecz-Völgyi, Anna; Shure, Nikki - 2022

longitudinal data from childhood into mid-career and construct a measure of overconfidence using multiple measures of objective … measure of overconfidence. Our results show that men being more overconfident explains 5-11 percent of the gender gap in top … overconfidence matters for gender inequality in the labor market and has implications for how firms recruit and promote workers …

Persistent link: https://www.econbiz.de/10013169608

"The better you feel, the harder you fall": health perception biases and mental health among Chinese adults during the COVID-19 pandemic

Nie, Peng; Wang, Lu; Dragone, Davide; Lu, Haiyang; … - 2021

−D). We show that the health overconfidence displayed by approximately 30% of the survey respondents is a clear risk factor … cases and deaths. Recent research has shown that health overconfidence can influence risky behaviors such as smoking and … for the implementation of effective interventions to temper overconfidence, particularly in uncontrollable situations like …

Persistent link: https://www.econbiz.de/10012705695

Gender differences in job search and the earnings gap: evidence from business majors

Cortés, Patricia; Pan, Jessica; Pilossoph, Laura; … - 2021

To understand gender differences in the job search process, we collect rich information on job offers and acceptances from past and current undergraduates of Boston University's Questrom School of Business. We document two novel empirical facts: (1) there is a clear gender difference in the...

Persistent link: https://www.econbiz.de/10012518142