Showing 1 - 10 of 1,608
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/10014349665
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/10013014019
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/10012906522
We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities. We find that higher test scores on the Cognitive Reflection Test of Frederick (2005)...
Persistent link: https://www.econbiz.de/10013324818
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/10013249119
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/10012843159
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/10012828605
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013039087
One of the central concerns in Latin America and the Caribbean (LAC) has been the reduction of poverty and inequality … economic growth, increases the income of the poor, and reduces inequality. This paper studies the effects of financial …
Persistent link: https://www.econbiz.de/10013324873
Electricity is a general purpose technology and the catalyst for the second industrial revolution. What was its impact on the structure of employment? We use U.S. Census data from 1910 to 1940 and measure electrification with the length of higher-voltage electricity lines. Instrumenting for...
Persistent link: https://www.econbiz.de/10012833880