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Smoking, Discount Rates, and Returns to Education

Fersterer, Josef; Winter-Ebmer, Rudolf - 2000

Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...

Persistent link: https://www.econbiz.de/10010262347

The impact of education on the subjective discount rate in Ugandan villages

Bauer, Michal; Chytilová, Julie - 2009

Heterogeneity in time discounting may reinforce the existing barriers to save and invest faced by rural populations in developing countries. We elicit a subjective discount rate for a varied sample of Ugandan villagers. In accordance with other studies, we have found the discount rate to...

Persistent link: https://www.econbiz.de/10010268981

How Do Households Discount over Centuries? Evidence from Singapore's Private Housing Market

Fesselmeyer, Eric; Liu, Haoming; Salvo, Alberto - 2016

We examine Singapore's fairly homogeneous private-housing market and show that new apartments on historical multi-century leases trade at a non-zero discount relative to property owned in perpetuity. Descriptive regressions indicate that new apartments with 825 to 986 years of tenure remaining...

Persistent link: https://www.econbiz.de/10011479380

Opinion Copulas, Homophily and Multimodal Marginals

Askitas, Nikos - 2017

An empirically founded and widely established driving force in opinion dynamics is homophily i.e. the tendency of … opinion clusters and polarisation. We investigate the role of heterogeneous priors in opinion formation, introduce the concept … of opinion copulas, argue that it is well supported by findings in Social Psychology and use it to show that the …

Persistent link: https://www.econbiz.de/10011653481

Item non-response and imputation of annual labor income in panel surveys from a cross-national perspective

Frick, Joachim R.; Grabka, Markus M. - 2007

Using data on annual individual labor income from three representative panel datasets (German SOEP, British BHPS, Australian HILDA) we investigate a) the selectivity of item non-response (INR) and b) the impact of imputation as a prominent post-survey means to cope with this type of measurement...

Persistent link: https://www.econbiz.de/10010324270

The determinants of asset stripping: theory and evidence from the transition economies

Campos, Nauro F.; Giovannoni, Francesco - 2005

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...

Persistent link: https://www.econbiz.de/10010267582

The reliability of subjective well-being measures

Krueger, Alan B.; Schkade, David A. - 2007

This paper studies the test-retest reliability of a standard self-reported life satisfaction measure and of affect measures collected from a diary method. The sample consists of 229 women who were interviewed on Thursdays, two weeks apart, in Spring 2005. The correlation of net affect (i.e.,...

Persistent link: https://www.econbiz.de/10010268482

Errors in self-reported earnings: the role of previous earnings volatility

Akee, Randall K. Q. - 2007

I report the measurement error in self-reported earnings for a developing country. Administrative data from the Federated States of Micronesia's (FSM) Social Security office are matched to the FSM Census data for the wage sector employed. I find that the error in annual self-reported earnings is...

Persistent link: https://www.econbiz.de/10010268769

Measuring trust: experiments and surveys in contrast and combination

Naef, Michael; Schupp, Jürgen - 2009

Trust is a concept that has attracted significant attention in economic theory and research within the last two decades: it has been applied in a number of contexts and has been investigated both as an explanatory and as a dependent variable. In this paper, we explore the questions of what...

Persistent link: https://www.econbiz.de/10010269108

Sample attrition bias in randomized experiments: a tale of two surveys

Behaghel, Luc; Crépon, Bruno; Gurgand, Marc; Le … - 2009

The randomized trial literature has helped to renew the fields of microeconometric policy evaluation by emphasizing identification issues raised by endogenous program participation. Measurement and attrition issues have perhaps received less attention. This paper analyzes the dramatic impact of...

Persistent link: https://www.econbiz.de/10010269297

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