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Daskalova, Vessela; Vriend, Nicolaas J. - 2014

The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...

Persistent link: https://www.econbiz.de/10011380993

Gender differences in overconfidence and decision-making in high-stakes competitions: Evidence from freediving contests

Lackner, Mario; Sonnabend, Hendrik - 2020

This study examines gender differences in overconfidence and decision-making in a high-stakes environment. Using data on more than 40,000 individual attempts from international freediving competitions, we provide evidence that women, on average, are less likely than men to overestimate their...

Persistent link: https://www.econbiz.de/10012662698

Towards a Modelling Process for Simulating Socio-ecosystems with a Focus on Climate Change Adaptation

Cornacchia, Federico; Martínez-Hernández, Alberto Gabino - 2023

As the impacts of climate change are expected to be increasingly disruptive, a growing share of the economic literature moved to modelling approaches to address the interconnectedness of social, economic, and environmental issues. Among them, System Dynamics (SD) stands out as a well-established...

Persistent link: https://www.econbiz.de/10014305707

Economic conditions at the time of birth and cognitive abilities late in life: Evidence from eleven European countries

Doblhammer, Gabriele; van den Berg, Gerard J.; Fritze, … - 2011

With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios, retirement schemes, pensions and insurances, it becomes increasingly important to understand the determinants of cognitive ability among the elderly. To study effects of the...

Persistent link: https://www.econbiz.de/10010321132

Switching Models with Self-Selection: Self-Employment in Hungary

Gang, Ira N.; Co, Catherine Y.; Yun, Myeong-Su - 1999

transition from socialism to greater market orientation. We adopt a (full information) MLE methodology in addition to Heckman …

Persistent link: https://www.econbiz.de/10010334363

Economic transition, dualism, and informality in India

Kesar, Surbhi - 2019

"/agricultural/informal to "modern"/industrial/formal sectors. Such transitions are usually accompanied by a transition in the economic …

Persistent link: https://www.econbiz.de/10012059911

Wage growth and inequality change during rapid economic transition

Gang, Ira N.; Stuart, Robert C.; Yun, Myeong-Su - 2006

East Germany, a unique socialist command economy prior to the 1990s, underwent rapid transition to a market …-oriented economic system. This transition has been of intense interest given the environment of Eastern Germany vis-a-vis Western … Germany, a setting different from most other transition economies. However, changes in the Eastern wage structure during …

Persistent link: https://www.econbiz.de/10010266345

A note on poverty in Kosovo

Bhaumik, Sumon Kumar; Gang, Ira N.; Yun, Myeong-Su - 2005

Kosovo is a war-torn corner of the former Yugoslavia, where a civil war between ethnic Albanians and ethnic Serbs raged during most of the 1990s. We examine the incidence and depth of poverty and some of its correlates in post-conflict Kosovo using the Living Standards Measurement Survey.

Persistent link: https://www.econbiz.de/10010266358

Ethnic conflict and economic disparity: Serbians and Albanians in Kosovo

Bhaumik, Sumon Kumar; Gang, Ira N.; Yun, Myeong-Su - 2006

Using the Living Standards Measurement Study (LSMS) household survey from post-conflict Kosovo we investigate the comparative economic well-being of Serbs and Albanians. An Oaxaca decomposition shows Serb households are both better endowed with income generating characteristics, such as...

Persistent link: https://www.econbiz.de/10010277296

Monetary Union: European Lessons, Latin American Prospects

Hochreiter, Eduard; Schmidt-Hebbel, Klaus; Winckler, Georg - 2002

In this paper selective issues of long-run sustainability of monetary unions are analyzed. Using theoretical insights and the experience of EMU up to now we argue that empirical evidence on OCA criteria for EMU suggests that benefits for the countries participating in EMU outweigh costs by a...

Persistent link: https://www.econbiz.de/10013369985