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This paper explores the identity formation of a cohort of students with immigrant backgroundsin Sweden and the consequences of identity for subsequent labor market outcomes. Uniquefor this study is that identity is defined according to a two-dimensional acculturationframework based on both...
Persistent link: https://www.econbiz.de/10005862803
Women earn less than men but are not less satisfied with life. This paperexplores whether norms regarding the … appropriate pay for women compared to menmay explain these findings. In order to capture the spatial variation in such norms … the norm that “women and men shall have theright to equal pay for work of equal value”. We find that the gender wage gap …
Persistent link: https://www.econbiz.de/10005867866
When assets exhibit asymmetric dependence or joint downside risk, diversificationcan fail and financial markets may be prone to systemic risk. We analyze thedependence structure of risk factors in the US economy, using both correlations anda parsimonious set of copulas. We find evidence of...
Persistent link: https://www.econbiz.de/10009305182
A central role for economic policy involves understanding and reducing the impact of unexpected,extreme events. In this paper, we develop a simple economic framework with latentregime switches. This framework explains why investors and policymakers can decide not tohedge against extreme events,...
Persistent link: https://www.econbiz.de/10009305198
This paper analyzes data from a novel field experiment designed to test the impact of twodifferent insurance products …
Persistent link: https://www.econbiz.de/10009486870
Most research in economics models agents somehow motivated by out-comes. Here, we model agents motivated by procedures instead, whereprocedures are dened independently of an outcome. To that end, wedesign procedures which yield the same expected outcomes or carry thesame information on other's...
Persistent link: https://www.econbiz.de/10009022177
bargaining norms in the case of ultimatum games. Tosubstantiate our claim, we conduct a methodological experiment in which …
Persistent link: https://www.econbiz.de/10005866393
suf-¯cient to induce cooperative outcomes. In the second experiment we introduce the pairwisecommitment mechanism and we … observe aggregate cooperation rates beyond those observedin the ¯rst experiment whatever the monitoring cost but also beyond …
Persistent link: https://www.econbiz.de/10005866705
benefit from the induced arbitrage opportunity. Furthermore, it isshown that the presence of bubbles in the aggregate price …
Persistent link: https://www.econbiz.de/10005868914
There is ample evidence that women do not react to competition as mendo and are less willing to enter a competition … understand the underlying motives of women (and men) toenter a competition or avoid it. We use the Big Five personality factors …. We first testwhether scores on the Big Five are related to performance in our experiment, and second how this is related …
Persistent link: https://www.econbiz.de/10009248986