Showing 1 - 10 of 2,373
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing …
Persistent link: https://www.econbiz.de/10010274253
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …
Persistent link: https://www.econbiz.de/10010269296
three children. We do not observe this link among men. Taken together, we find significant gender differences in patience …
Persistent link: https://www.econbiz.de/10010330095
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10010262728
A common approach to dealing with missing data is to estimate the model on the common subset of data, by necessity throwing away potentially useful data. We derive a new probit type estimator for models with missing covariate data where the dependent variable is binary. For the benchmark case of...
Persistent link: https://www.econbiz.de/10010269313
With reference to the EU enlargement, a framework is derived which allows the study of the effect of unemployment benefits on the migration decision. While benefits simply increase the expected gain for risk neutral individuals, they work as an insurance device for risk averse migrants; the...
Persistent link: https://www.econbiz.de/10010274213
Using a controlled experiment, we examine the role of nurture in explaining the stylized fact that women shy away from … the average female avoids competitive behaviour more than the average male. This suggests that observed gender differences … might reflect social learning rather than inherent gender traits. …
Persistent link: https://www.econbiz.de/10010269334
We use elementary game-theoretical concepts to compare domestic equilibria with and without marriage. In particular, we examine the effects of marriage legislation, matrimonial property regime, and divorce court sentencing practice, on the decision to marry, and on the choice of game conditional...
Persistent link: https://www.econbiz.de/10010269649
In this paper we investigate the effect of labour income uncertainty on the probability of home ownership in Germany and Spain. This study is motivated by two facts. Firstly, theoretical models provide ambiguous results in this issue. Secondly, there is limited previous empirical evidence and...
Persistent link: https://www.econbiz.de/10010261778
Barriers to homeownership have traditionally been an important research and policy issue. In particular, the role of income volatility and credit constraints have been one of the main focuses in this concern. In this paper we test for the first time whether the underlying nature behind the...
Persistent link: https://www.econbiz.de/10010261962