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Women earn less than men but are not less satisfied with life. This paper explores whether norms regarding the … appropriate pay for women compared to men may explain these findings. In order to capture the spatial variation in such norms, we … for the norm that “women and men shall have the right to equal pay for work of equal value”. We find that the gender wage …
Persistent link: https://www.econbiz.de/10011390609
Women earn less than men but are not less satisfied with life. This paper argues that norms on the appropriate pay for … women compared to men explain these findings. We take citizens? approval of an equal rights amendment to the Swiss … constitution as a proxy for the norm that ?women and men shall have the right to equal pay for work of equal value?. We find that …
Persistent link: https://www.econbiz.de/10010261957
Women earn less than men but are not less satisfied with life. This paper argues that norms on the appropriate pay for … women compared to men explain these findings. We take citizens? approval of an equal rights amendment to the Swiss … constitution as a proxy for the norm that ?women and men shall have the right to equal pay for work of equal value?. We find that …
Persistent link: https://www.econbiz.de/10010261234
) identity economics approach, we show in a simple gametheoretic framework that women socialised in a traditional family … region, Muslim women do not participate in the labour market less than non-Muslim women, whereas those with strong …
Persistent link: https://www.econbiz.de/10010294358
wages. This has traditionally been attributed to societal mechanisms undervaluing the work mainly performed by women. More …
Persistent link: https://www.econbiz.de/10010288994
We study the association between the ritual of menstrual restrictions and maternal health- care access as well as women …'s subjective well-being. Similar restrictions, also practised around the time of childbirth, are based on the assumption that women … controls as well as assess the sensitivity of our results to alternative estimation methods. We find that women who face any …
Persistent link: https://www.econbiz.de/10012598965
This paper exploits the complex sequential structure of the diary data in the American Heritage Time Use Study (AHTUS) and constructs three classes of indicators that capture the quality of leisure ('pure leisure', 'co-present leisure' and 'leisure fragmentation') to show that the relative...
Persistent link: https://www.econbiz.de/10010287648
conventional unit root tests in modified forms can be used to construct early warning indicators for bubbles in financial markets … 1871, they are able to signal most of the consensus bubbles, defined as stock market booms for example by the IMF, and they … applications using equity prices in the UK, Finland and China as the methods seem to be able to signal most of the consensus …
Persistent link: https://www.econbiz.de/10012148911
This paper uses the market-standard Gaussian copula model to show that fair spreads on CDO tranches are much higher than fair spreads on similarly-rated corporate bonds. It implies that credit ratings are not sufficient for pricing, which is surprising given their central role in structured...
Persistent link: https://www.econbiz.de/10010326077
We explore a view of the crisis as a shock to investor sentiment that led to the collapse of a bubble or pyramid scheme in financial markets. We embed this view in a standard model of the financial accelerator and explore its empirical and policy implications. In particular, we show how the...
Persistent link: https://www.econbiz.de/10011605394