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This paper documents the presence of non-economic career motivations in the U.S. labor market, explores reasons why such motivations could arise, and provides an explanation for why they might have persisted across many generations. The analysis links ethnic (migrant) labor market networks in...
Persistent link: https://www.econbiz.de/10012759641
desire for dynasty building) and shows that these assumptions have very different implications for bequest motives and … bequest division. After reviewing some of the literature on actual bequests, bequest motives, and bequest division, the paper … presents data on the strength of bequest motives, stated bequest motives, and bequest division plans from a new international …
Persistent link: https://www.econbiz.de/10013053473
from China. We find strong evidence that peer effects exist and operate in a positive and nonlinear manner; reducing the …
Persistent link: https://www.econbiz.de/10012761329
park site selection and document the willingness of China's provincial leaders to sacrifice economic development in order …
Persistent link: https://www.econbiz.de/10012922980
We investigate gift exchange relationships in real jobs, making use of a field quasi-experiment associated with the exercise of stock options for roughly 4500 managers in a large public company. In this company, option grants are set equally for all employees within occupational categories, and...
Persistent link: https://www.econbiz.de/10013129185
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...
Persistent link: https://www.econbiz.de/10013097778
The Constitution of 1787 was designed to give Congress powers over trade policy that it lacked under the Articles of Confederation. The Washington administration was split over whether to use these powers to raise revenue or to retaliate against Britain's discriminatory trade policies. Obsessed...
Persistent link: https://www.econbiz.de/10013158026
In SIR models, infection rates are typically exogenous, whereas individuals adjust their behavior in reality. City-level data across the globe suggest that mobility falls in response to fear, proxied by Google searches. Incorporating experimentally validated measures of social preferences at the...
Persistent link: https://www.econbiz.de/10012834459
Theorists and policy analysts have convincingly argued that greater trust makes a more efficient society by eliminating costly contracts or expensive reputations. Concurrently, experiments suggest that reciprocity is a potent substitute for law when compliance with contracts is imperfectly...
Persistent link: https://www.econbiz.de/10012957379
This paper studies the global variation in economic preferences. For this purpose, we present the Global Preference Survey (GPS), an experimentally validated survey dataset of time preference, risk preference, positive and negative reciprocity, altruism, and trust from 80,000 individuals in 76...
Persistent link: https://www.econbiz.de/10012945159