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Are attitudes towards economic risk heritable? Analyses using the Australian twin study of gambling

Le, Anh Tram; Miller, Paul W.; Slutske, Wendy S.; … - 2010

This study employs multiple regression models based on DeFries and Fulker (1985), and a large sample of twins, to assess heritability in attitudes towards economic risk, and the extent to which this heritability differs between males and females. Consistent with Cesarini, Dawes, Johannesson,...

Persistent link: https://www.econbiz.de/10010275696

Help in a Foreign Land: Internationalized Banks and Firms’ Export

Brancati, Emanuele - 2022

The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper analyzes whether banks can support firms’ export by reducing informational asymmetries about foreign markets. We exploit a large sample of Italian firms for which we merge custom...

Persistent link: https://www.econbiz.de/10013351997

Financial Development and the Distribution of Income in Latin America and the Caribbean

Bacarreza, Canavire; Javier, Gustavo; Rioja, Felix - Institute for the Study of Labor (IZA) - 2008

One of the central concerns in Latin America and the Caribbean (LAC) has been the reduction of poverty and inequality so prevalent in the continent. Using large world samples, the literature has found that financial development increases economic growth, increases the income of the poor, and...

Persistent link: https://www.econbiz.de/10005233762

Are Attitudes Towards Economic Risk Heritable? Analyses Using the Australian Twin Study of Gambling

Le, Anh T.; Miller, Paul W.; Slutske, Wendy S.; Martin, … - Institute for the Study of Labor (IZA) - 2010

Persistent link: https://www.econbiz.de/10008466471

Historical Analysis of National Subjective Wellbeing Using Millions of Digitized Books

Hills, Thomas; Proto, Eugenio; Sgroi, Daniel - 2015

, Italy and Spain). To highlight some results, we find a positive short-run effect for GDP and life expectancy on subjective … wellbeing. An increase of 1% life expectancy is equivalent to more than 5% increase in yearly GDP. One year of internal conflict … costs the equivalent of a 50% drop in GDP per year in terms of subjective wellbeing. Public debt, on the other hand, has a …

Persistent link: https://www.econbiz.de/10011307412

Home Sweet Home? Macroeconomic Conditions in Home Countries and the Well-Being of Migrants

Akay, Alpaslan; Bargain, Olivier; Zimmermann, Klaus F. - 2013

-being responds negatively (positively) to an increase in the GDP (unemployment rate) of their home country. That is, we originally …

Persistent link: https://www.econbiz.de/10010328887

The New Economic Case for Migration Restrictions: An Assessment

Clemens, Michael A.; Pritchett, Lant - 2016

For decades, migration economics has stressed the effects of migration restrictions on income distribution in the host country. Recently the literature has taken a new direction by estimating the costs of migration restrictions to global economic efficiency. In contrast, a new strand of research...

Persistent link: https://www.econbiz.de/10011479248

Bounding the Price Equivalent of Migration Barriers

Clemens, Michael A.; Montenegro, Claudio; Pritchett, Lant - 2016

Large international differences in the price of labor can be sustained by differences between workers, or by natural and policy barriers to worker mobility. We use migrant selection theory and evidence to place lower bounds on the ad valorem equivalent of labor mobility barriers to the United...

Persistent link: https://www.econbiz.de/10011479307

The Economic and Fiscal Effects on the United States from Reduced Numbers of Refugees and Asylum Seekers

Clemens, Michael A. - 2022

International migrants who seek protection also participate in the economy. Thus the policy of the United States to drastically reduce refugee and asylum-seeker arrivals from 2017 to 2020 might have substantial and ongoing economic consequences. This paper places conservative bounds on those...

Persistent link: https://www.econbiz.de/10013351856

Why Does Happiness Respond Differently to an Increase vs. Decrease in Income?

Easterlin, Richard A. - 2021

constant. But in a recession, as people increasingly have difficulty meeting their fixed financial obligations, the benchmark …

Persistent link: https://www.econbiz.de/10012658224