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Becoming Sensitive: Males' Risk and Time Preferences after the 2008 Financial Crisis
Jetter, Michael; Magnusson, Leandro; Roth, Sebastian - 2020
This paper presents evidence suggesting men's (but not women's) risk and time preferences have systematically become … for 22,579 Australian-based respondents in up to 11 surveys from 2002-2015, men respond with increased risk aversion and … since 2008. This 'happiness channel' only partially explains the link between the local unemployment rate and risk …
Persistent link: https://www.econbiz.de/10012207735
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On Measuring Uncertainty: Snakes and Ladders
Junankar, Pramod N. (Raja) - 2016
although risk can be measured, uncertainty cannot be measured. Even though risk can be measured, a simple symmetric measure … attempt at "measuring" risk or (fundamental) uncertainty is flawed. …
Persistent link: https://www.econbiz.de/10011559672
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Career or Flexible Work Arrangements? Gender Differences in Self-Employment in a Young Market Economy
Buttler, Dominik; Sierminska, Eva - 2019
We examine supply-side determinants of transition from the wage and salary sector to self-employment of women and men living Poland. The empirical analysis is made possible due to a unique and under explored longitudinal survey -- Social Diagnosis – that contains rare indicators such as job...
Persistent link: https://www.econbiz.de/10012141279
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Variations in the wage returns to a first degree: evidence from the British cohort study 1970
Bratti, Massimiliano; Naylor, Robin A.; Smith, Jeremy P. - 2005
rationale for the latter element comes from evidence of a high private return to university undergraduate degrees. However, much … the returns to a first degree for men changed very little across the two cohorts while the return for women declined …
Persistent link: https://www.econbiz.de/10010276766
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Variations in the Wage Returns to a First Degree: Evidence from the British Cohort Study 1970
Bratti, Massimiliano; Naylor, Robin; Smith, Jeremy - Institute for the Study of Labor (IZA) - 2005
rationale for the latter element comes from evidence of a high private return to university undergraduate degrees. However, much … the returns to a first degree for men changed very little across the two cohorts while the return for women declined …
Persistent link: https://www.econbiz.de/10005703359
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Groupthink: Collective delusions in organizations and markets
Bénabou, Roland - 2013
This paper investigates collective denial and willful blindness in groups, organizations and markets. Agents with anticipatory preferences, linked through an interaction structure, choose how to interpret and recall public signals about future prospects. Wishful thinking (denial of bad news) is...
Persistent link: https://www.econbiz.de/10010293122
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Prediction markets in theory and practice
Wolfers, Justin; Zitzewitz, Eric - 2006
Prediction Markets, sometimes referred to as information markets, idea futures or event futures, are markets where participants trade contracts whose payoffs are tied to a future event, thereby yielding prices that can be interpreted as market-aggregated forecasts. This article summarizes the...
Persistent link: https://www.econbiz.de/10010267475
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Privatization discontent and its determinants: evidence from Latin America
Checchi, Daniele; Florio, Massimo; Carrera, Jorge - 2005
Privatization policy faces increasing popular opposition in Latin America. We test for the determinants of this discontent. We use the results of Latinobarometro (2002), a survey of a representative sample of 18522 individuals in 17 countries as our dependent variable of perception, and a...
Persistent link: https://www.econbiz.de/10010267576
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Partisan impacts on the economy: evidence from prediction markets and close elections
Snowberg, Erik; Wolfers, Justin; Zitzewitz, Eric - 2006
Political economists interested in discerning the effects of election outcomes on the economy have been hampered by the problem that economic outcomes also influence elections. We sidestep these problems by analyzing movements in economic indicators caused by clearly exogenous changes in...
Persistent link: https://www.econbiz.de/10010267661
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Diagnosing discrimination: stock returns and CEO gender
Wolfers, Justin - 2006
A vast labor literature has found evidence of a glass ceiling, whereby women are under-represented among senior management. A key question remains the extent to which this reflects unobserved differences in productivity, preferences, prejudice, or systematically biased beliefs about the ability...
Persistent link: https://www.econbiz.de/10010269221