Showing 1 - 10 of 1,227
A growing body of evidence suggests that people exhibit large biases when processing information about themselves, but … attending relatively better schools, tend to process new information on their own ability more effectively. …
Persistent link: https://www.econbiz.de/10012180138
provision of structured information on the true state of the academic market and information through role models on non …
Persistent link: https://www.econbiz.de/10012270153
information about the location-specific pandemic trends from the effects of the government-imposed social distancing mandates …, retail and recreational activities, etc), while information on country-specific counts of COVID-19 cases and deaths is used … as a proxy for the information about the spread of the pandemic available to the population. A detailed index of …
Persistent link: https://www.econbiz.de/10012322577
repeated negative institutional shocks and how such shocks influence the development of an information matrix as well as the … transmission of information across time and generations. We show that African-Americans who were less likely to be influenced by … negative institutional shocks and the information stock created from these experiences, have similar self-employment rates to …
Persistent link: https://www.econbiz.de/10005822895
We consider a firm which pays a worker for his effort over several periods. The more the firm pays in one period, the wealthier the worker is in the following periods, and so the more he must be paid for a given effort. This wealth effect can induce an employer to pay little initially and more...
Persistent link: https://www.econbiz.de/10010261892
This paper is concerned with a policy oriented macroeconomic experiment involving an 'international' economy with a relatively small 'home' country and a large 'foreign' country. It compares the economic performance of two alternative tax systems as a means to finance unemployment benefits: a...
Persistent link: https://www.econbiz.de/10010262084
This paper examines how employment protection legislation affects location decisions of multinationals. Based on a simple theoretical framework, we estimate an empirical model, using OECD-data on bilateral FDI-flows and employment protection indices. We find that, while an ?unfavourable?...
Persistent link: https://www.econbiz.de/10010265399
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders,...
Persistent link: https://www.econbiz.de/10010274253
An essential ingredient in models of career concerns is ex ante uncertainty about an agent's type. This paper shows how career concerns can arise even in the absence of any such ex ante uncertainty, if the unobservable actions that an agent takes influence his future productivity. By...
Persistent link: https://www.econbiz.de/10010276186
We study the role of risk aversion underlying son preference in patriarchal societies, where sons serve as better insurance for old-age support than daughters. The implications of an insurance motive on son preference are two-fold. First, prior to the birth of their children, more risk-averse...
Persistent link: https://www.econbiz.de/10011653247