Showing 1 - 10 of 243
Is there evidence that households adjust their asset portfolios just prior to retirement in response to a means-tested public pension? We address this question by estimating a system of asset equations constrained to add up to net worth. We find little evidence that in 2006 healthy households or...
Persistent link: https://www.econbiz.de/10013134282
Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets. We extend the analysis of the effect of trust on portfolio choice to include the dominant component of households' portfolios, real estate. In a simple model, we show how the...
Persistent link: https://www.econbiz.de/10013136779
We show that household heads with a strong internal economic locus of control are more likely to hold equity and hold a larger share of equity in their investment portfolio. This relation holds when we control for economic preferences and possible confounders such as financial literacy,...
Persistent link: https://www.econbiz.de/10012977336
We investigate the role of financial advice in shaping the composition of household portfolios in Great Britain. Advice is associated with a reallocation of wealth away from real estate and towards bonds and stocks, especially when households seek financial advice "for investments". Having a...
Persistent link: https://www.econbiz.de/10014258262
This article presents and explores a rich new data source to analyse the determinants of pay and job rank amongst academic Economists in the UK. Characteristics associated with individual productivity and workplace features are found to be important determinants of the relative wage and...
Persistent link: https://www.econbiz.de/10012868008
.Our results show that there exist test score differentials between the two groups after controlling for the students' individual … Society. We also find that the academic gaps between native students and pupils with mothers from Southeast Asian countries … tend to widen, while the students' performance is about the same as that for native students if their mothers are from …
Persistent link: https://www.econbiz.de/10013012832
Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies …
Persistent link: https://www.econbiz.de/10012983904
We propose a complete framework for model-free difference-in-differences analysis with covariates, where model-free means data-driven, in particular nonparametric estimation and testing, variable and scale choice. We start with searching for the preferred data setup by simultaneously choosing...
Persistent link: https://www.econbiz.de/10014240561
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions ヨ from the economic effects of party control of...
Persistent link: https://www.econbiz.de/10013126921
This paper aims to provide insights for those who value careful, precise communication to draft effective economics papers. It is designed to be a helpful and convenient guide, which is divided into well-defined, thought-provoking sections
Persistent link: https://www.econbiz.de/10014347121