Showing 1 - 10 of 178
market. Even though we allow for a general-hyperbolic specification (which has exponential discounting as a special case …
Persistent link: https://www.econbiz.de/10013122960
corresponding demand for commitment can be observed even if individuals do not exhibit horizon-specific discounting. In addition …, good-specific discounting, under certain conditions, can explain the persistence of poverty and low savings by the poor …
Persistent link: https://www.econbiz.de/10013099793
present bias and exponential discounting predicts best, especially when both parameters are used …
Persistent link: https://www.econbiz.de/10013122971
Sixty-seven field experiments of discrimination in markets conducted since 2000 across seventeen countries were surveyed. Significant and persistent discrimination was found on all bases in all markets. High levels of discrimination were recorded against ethnic groups, older workers, men...
Persistent link: https://www.econbiz.de/10013044710
characteristics that affect hiring. The method is applied to actual data and assessed using Monte Carlo methods …
Persistent link: https://www.econbiz.de/10013136716
offender's time discounting. We exploit quasi-experimental variation in sentence length generated by a large collective pardon … in Italy and provide non-parametric evidence on the extent of discounting from the raw data on recidivism and sentence …
Persistent link: https://www.econbiz.de/10012997433
We revisit the hypothesis that labor market fluctuations are driven by shocks to the discount rate. Using a model in which the UE and the EU rates are endogenous, we show that an increase in the discount rate leads to a decline in both the UE and the EU rates. In the data, though, the UE and EU...
Persistent link: https://www.econbiz.de/10012867149
(SHARE), we elicit individual time preferences using competing discounting specifications. With the formulation that best …
Persistent link: https://www.econbiz.de/10014236507
Heterogeneity in time discounting may reinforce the existing barriers to save and invest faced by rural populations in …
Persistent link: https://www.econbiz.de/10012764244
If the marginal utility of consumption depends on health status, this will affect the economic analysis of a number of central problems in public finance, including the optimal structure of health insurance and optimal life cycle savings. In this paper, we describe the promises and challenges of...
Persistent link: https://www.econbiz.de/10012765310