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The Paradox of Declining Female Happiness
Stevenson, Betsey - 2011
By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show that measures of subjective well-being indicate that women's happiness has declined both absolutely and relative to men. The paradox of women's declining relative well-being is...
Persistent link: https://www.econbiz.de/10013134642
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Access to Justice and Entrepreneurship : Evidence from Brazil's Special Civil Tribunals
Lichand, Guilherme - 2011
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10013120850
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Subjective and Objective Indicators of Racial Progress
Stevenson, Betsey - 2013
Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in wellbeing has shrunk. In the early 1970s data revealed much lower levels of subjective well‐being...
Persistent link: https://www.econbiz.de/10013083743
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Should You Allow Your Agent to Become Your Competitor? On Non-Compete Agreements in Employment Contracts
Kräkel, Matthias - 2006
We discuss a principal-agent model in which the principal has the opportunity to include a non-compete agreement in the employment contract. We show that not imposing such an agreement can be beneficial for the principal as the possibility to leave the firm generates implicit incentives for the...
Persistent link: https://www.econbiz.de/10012780375
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Immigration, Crime, and Crime (Mis)Perceptions
Ajzenman, Nicolas; Dominguez-Rivera, Patricio; … - 2021
This paper studies the effects of immigration on crime and crime perceptions in Chile, where the foreign-born population more than doubled in the last decade. By using individual-level victimization data, we document null effects of immigration on crime but positive and significant effects on...
Persistent link: https://www.econbiz.de/10013248067
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Trust and Social Preferences in Times of Acute Health Crisis
Casoria, Fortuna; Galeotti, Fabio; Villeval, Marie Claire - 2023
We combined a natural experiment (the occurrence of the COVID-19 pandemic in 2020) with the tools of laboratory experiments to study whether and how an unprecedented shock on social interactions (the introduction and abrogation of a nationwide lockdown) affected the evolution of individuals'...
Persistent link: https://www.econbiz.de/10014261425
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Laws and Norms
Bénabou, Roland - 2012
This paper analyzes how private decisions and public policies are shaped by personal and societal preferences ("values"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma and social norms arise from individuals'...
Persistent link: https://www.econbiz.de/10013111214
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Fewer Jobs or Smaller Paychecks? Aggregate Crisis Impacts in Selected Middle-Income Countries
Khanna, Gaurav - 2011
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10013120422
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China's Emergence in the World Economy and Business Cycles in Latin America
Pesaran, M. Hashem - 2011
world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China's economic growth in the future for both Latin America and the rest of the world economy …
Persistent link: https://www.econbiz.de/10013121741
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The Role of Demographics in Precipitating Crises in Financial Institutions
Macunovich, Diane - 2009
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10013155560