Showing 1 - 10 of 1,564
This paper defines risk-on risk-off (RORO), an elusive terminology in pervasive use, as the variation in global investor risk aversion. Our high-frequency RORO index captures time-varying investor risk appetite across multiple dimensions: advanced economy credit risk, equity market volatility,...
Persistent link: https://www.econbiz.de/10014437038
We study the role of risk preferences and frictions in portfolio choice using variation in 401(k) default options. Patterns of active choice in response to different default funds imply that, absent participation frictions, 94% of investors prefer holding stocks, with an equity share of...
Persistent link: https://www.econbiz.de/10014544754
We test the relation between ambiguity aversion and five household portfolio choice puzzles: non- participation, low allocations to equity, home-bias, own-company stock ownership, and portfolio under- diversification. In a representative U.S. household survey, we measure ambiguity aversion using...
Persistent link: https://www.econbiz.de/10012459919
Implementing a state-of-the-art machine learning technique for causal identification from text data (C-TEXT), we document that patents authored by female inventors are under-cited relative to those authored by males. Relative to what the same patent would be predicted to receive had the lead...
Persistent link: https://www.econbiz.de/10014337825
on several economically-important beliefs and preferences. Among many results, non-binary individuals report more gender …
Persistent link: https://www.econbiz.de/10014512076
, ethnicity, and gender in the United States. However, the data necessary to detect possible discrimination and to act to counter … it is not publicly available - in particular, data on racial, ethnic, and gender disparities within specific companies … measure the racial, ethnic, and gender composition of company workforces. We use predictive tools based on both names and …
Persistent link: https://www.econbiz.de/10014512147
This paper aims to identify the sources of human capital growth for the observation period 1990-2020 by region, gender … Institute of Kyushu University) report. It focuses on five important aggregates by gender: Asia, Africa, Latin America, G20, and … capital have grown over time in almost all countries. Attention must be paid to what has happened to the world's gender …
Persistent link: https://www.econbiz.de/10014468276
partnership with a Spanish-speaking online platform for technology positions, ads randomly selected to use gender-neutral language … similar numbers otherwise. In a separate survey experiment, gender-neutral language in ads increases interest and beliefs …
Persistent link: https://www.econbiz.de/10014322702
Actual and perceived gender norms are key to understanding gender inequality in society. In this paper, using newly … collected nationally representative datasets from 60 countries that cover over 80% of the world population, we study gender …, prioritizing women when hiring for leadership positions. We establish that misperceptions of gender norms are pervasive across the …
Persistent link: https://www.econbiz.de/10014247970
growth of human capital and several of its constituent factors are broken down by gender and by region, and in some cases … capital have grown over time. The purpose is to identify the sources of human capital growth by region, gender, and various …
Persistent link: https://www.econbiz.de/10013210063