Showing 1 - 10 of 1,183
This paper uses data from global and Canadian surveys data to estimate the powerful linkages between social connections, their related social identities, and subjective well-being. Our explanatory variables include several measures of the extent and frequency of use of social networks, combined...
Persistent link: https://www.econbiz.de/10012462628
differences in trust levels among individuals. New experimental data from Canada show that wallets are far more likely to be …
Persistent link: https://www.econbiz.de/10012462741
This paper summarizes and extends our recent work using life satisfaction regressions to estimate the relative values of financial and non-financial job characteristics. The well-being results show strikingly large values for non-financial job characteristics, especially workplace trust and...
Persistent link: https://www.econbiz.de/10012464060
This study examines the effect of experience and knowledge on weather insurance adoption. First, we conduct insurance …
Persistent link: https://www.econbiz.de/10012456276
We use responses to a survey and experiment with participants in Mexico's privatized social security system to examine how financial literacy impacts workers' choice behavior and how simplifying information on management fees may increase measures of price elasticity sensitivity among the...
Persistent link: https://www.econbiz.de/10012464104
Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is evidence that many individuals are not well-equipped to make sound saving decisions. This paper demonstrates widespread financial illiteracy...
Persistent link: https://www.econbiz.de/10012464561
Trust is vital for market development, but how can trust be enhanced in a marketplace? A common view is that more trusting may help to build trust, especially in less developed economies. In this paper, we argue that more trusting may lead to less trust. We set up a rational expectation model in...
Persistent link: https://www.econbiz.de/10012459701
reducing consumer confidence and consumer demand? Is there also a supply-side channel through a tightened liquidity constraint … consumer confidence, based on its response to the 9/11 shock in 2001. We then construct a separate firm-level index on … important than reduced consumer confidence or spending in explaining cross-firm differences in stock price declines …
Persistent link: https://www.econbiz.de/10012464442
We conducted a randomized controlled trial testing the effect of modest incentives to attend the gym among new members of a fitness facility, a population that is already engaged in trying to change a health behavior. Our experiment randomized 836 new members of a private gym into a control...
Persistent link: https://www.econbiz.de/10012455115
firms invest and hire less. The higher uncertainty reduces agents' confidence and further discourages economic activity. We …
Persistent link: https://www.econbiz.de/10012455722