Showing 1 - 10 of 497
cognitive skills. Reliable measures of character have been developed. All measures of character and cognition are measures of … cost-effective way. Many of them beneficially affect later-life outcomes without improving cognition. There are fewer long …
Persistent link: https://www.econbiz.de/10013039602
This paper summarizes recent evidence on what achievement tests measure; how achievement tests relate to other measures of "cognitive ability" like IQ and grades; the important skills that achievement tests miss or mismeasure, and how much these skills matter in life. Achievement tests miss, or...
Persistent link: https://www.econbiz.de/10013105422
cognitive skills. Reliable measures of character have been developed. All measures of character and cognition are measures of … cost-effective way. Many of them beneficially affect later-life outcomes without improving cognition. There are fewer long …
Persistent link: https://www.econbiz.de/10013072173
Research on child skill formation and related policies typically rely on parent- reported measures of child non-cognitive skills. In this paper, we show that parental assessments of child non-cognitive skills are directly affected by the skills of the parents. We develop a dynamic model of child...
Persistent link: https://www.econbiz.de/10012822833
that emphasise circumstances rather than outcomes or effort. We link preferences to previously-measured cognition, and find … that high-cognition individuals are 35% more likely to always support such schemes. These preferences are not driven by … play in life, high-cognition individuals perceive outcomes to be more determined by luck …
Persistent link: https://www.econbiz.de/10014356705
Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple, incentivized setup many subjects do not treat money as...
Persistent link: https://www.econbiz.de/10013325156
Passive behavior is ubiquitous - even when facing various alternatives to choose from, people commonly fail to take decisions. This paper provides evidence on the cognitive foundations of such "passive choices" and studies implications for policies that encourage active decision-making. In an...
Persistent link: https://www.econbiz.de/10012870144
Research in the field of customer discrimination has received relatively little attention even if the theory of discrimination suggests that customer discrimination may exist in the long run whereas employer and employee discrimination may not. This paper examines customer discrimination...
Persistent link: https://www.econbiz.de/10012926712
We present the results of a randomized intervention to study how teaching financial literacy to 16-year old high-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that teaching financial literacy makes subjects behave...
Persistent link: https://www.econbiz.de/10014350813
Many low- and middle-income countries have introduced Public Works Programmes (PWPs) to fight poverty. PWPs provide temporary cash-for-work opportunities to boost poor households' incomes and to provide better infrastructure to local communities. While PWPs do not target children directly, the...
Persistent link: https://www.econbiz.de/10014077014