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Learning about Job Search: A Field Experiment with Job Seekers in Germany
Altmann, Steffen; Falk, Armin; Jäger, Simon; … - 2015
received a brochure that informed them about job search strategies and the consequences of unemployment, and motivated them to … being unemployed for an extended period of time. Specifically, the treatment effects in our overall sample are moderately … individuals who exhibit an increased risk of long-term unemployment. For this group, the brochure increases employment and …
Persistent link: https://www.econbiz.de/10010531742
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Biased probability judgment: evidence of incidence and relationship to economic outcomes from a representative sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10010269033
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Biased Probability Judgment: Evidence of Incidence and Relationship to Economic Outcomes from a Representative Sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - Institute for the Study of Labor (IZA) - 2009
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10004999933
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Institutions and Contract Enforcement
Falk, Armin; Huffman, David; MacLeod, W. Bentley - Institute for the Study of Labor (IZA) - 2008
We provide evidence on how two important types of institutions – dismissal barriers, and bonus pay – affect contract enforcement behavior in a market with incomplete contracts and repeated interactions. Dismissal barriers are shown to have a strong negative impact on worker performance, and...
Persistent link: https://www.econbiz.de/10005763505
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Unemployment and Right-Wing Extremist Crime
Falk, Armin; Zweimüller, Josef - 2005
Right-wing extremism is a serious problem in many societies. A prominent hypothesis states that unemployment plays a … fact a significant positive relation between unemployment and rightwing criminal activities. We show further that the big … difference in right-wing crime between East and West German states can mostly be attributed to differences in unemployment. This …
Persistent link: https://www.econbiz.de/10010262647
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Homo reciprocans: survey evidence on prevalence, behavior and success
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2006
Experimental evidence has convincingly shown the existence of reciprocal inclinations, i.e., a tendency for people to respond in-kind to hostile or kind actions. Little is known, however, about: (i) the prevalence of reciprocity in the population, (ii) individual determinants of reciprocity,...
Persistent link: https://www.econbiz.de/10010267940
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Implicit contracts, unemployment, and labor market segmentation
Altmann, Steffen; Falk, Armin; Huffman, David - 2010
We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor … observable, but not verifiable to a situation where explicit contracts are feasible. Our main result shows that unemployment is … much higher when third-party contract enforcement is absent. Unemployment is involuntary, being caused by firms' employment …
Persistent link: https://www.econbiz.de/10010269827
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Implicit Contracts, Unemployment, and Labor Market Segmentation
Altmann, Steffen; Falk, Armin; Huffman, David - Institute for the Study of Labor (IZA) - 2010
We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor … observable, but not verifiable to a situation where explicit contracts are feasible. Our main result shows that unemployment is … much higher when third-party contract enforcement is absent. Unemployment is involuntary, being caused by firms' employment …
Persistent link: https://www.econbiz.de/10008602725
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Returns to Skills around the World: Evidence from PIAAC
Hanushek, Eric A.; Schwerdt, Guido; Wiederhold, Simon; … - 2013
Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...
Persistent link: https://www.econbiz.de/10010329001
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The behavioral effects of minimum wages
Falk, Armin; Fehr, Ernst; Zehnder, Christian - 2005
The prevailing labor market models assume that minimum wages do not affect the labor supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects' reservation wages. The temporary introduction of a minimum...
Persistent link: https://www.econbiz.de/10010267687