Showing 1 - 10 of 94
We examined financial literacy among the young using data from the 1997 National Longitudinal Survey of Youth. We showed that financial literacy is low among the young; fewer than one-third of young adults possess basic knowledge of interest rates, inflation, and risk diversification. Financial...
Persistent link: https://www.econbiz.de/10012463298
This lecture considers the case for consumer financial regulation in an environment where many households lack the knowledge to manage their financial affairs effectively. The lecture argues that financial ignorance is pervasive and unsurprising given the complexity of modern financial products,...
Persistent link: https://www.econbiz.de/10012456648
This paper brings new evidence from the privatized social security system in Mexico, offering insight into investment behavior and the efficacy of government "nudges" in the context of profit maximizing firms. We use administrative data from the social security system surrounding the government...
Persistent link: https://www.econbiz.de/10012460052
We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark …
Persistent link: https://www.econbiz.de/10012938696
We evaluate the effect on newly arrived refugees' employment of a policy, introduced in Denmark in 2013, that matched …
Persistent link: https://www.econbiz.de/10012938750
We use rich administrative data from Denmark to assess medical theories that autism spectrum disorder (ASD) is a …
Persistent link: https://www.econbiz.de/10012510531
population data for Denmark, we find that people with BD are more likely to be musicians, but less likely to hold other creative …
Persistent link: https://www.econbiz.de/10012660100
disorder (BD). Individual-level registry data from Denmark show that these disorders carry large earnings penalties, ranging …
Persistent link: https://www.econbiz.de/10012599321
implication that wealth should decline over time. The risk of large out-of-pocket medical expenditures is negligible in Denmark … explanations are not plausible for Denmark (and therefore also questionable for the U.S.). Our analysis instead attempts to explain …
Persistent link: https://www.econbiz.de/10013172126
This paper provides evidence from the US and Denmark that managers with a business degree ("business managers") reduce … by 5 percentage points in the US, and by 3% and 3 percentage points in Denmark. Firms appointing business managers are … choice to instrument for the decision to enroll in a business degree in Denmark and show that our estimates correspond to …
Persistent link: https://www.econbiz.de/10013172173