Showing 1 - 10 of 32
Labor market policies succeed or fail at least in part depending on how well they reflect or account for behavioral responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about behavior, have consequences for the design and...
Persistent link: https://www.econbiz.de/10010082269
In this paper we look at the income distribution by cohort in Chile. We construct a synthetic panel from cross section surveys and estimate the income distribution for cohorts born between 1902 and 1978. We then decompose the evolution of these distributions into age, year and cohort effects....
Persistent link: https://www.econbiz.de/10009959119
The present study investigates the extent to which cognitive abilities and personality traits are passed on from …-Economic Panel Study (SOEP) indicate a higher level of intergenerational transmission of cognitive abilities than of personality … intergenerational social permeability in those three countries. -- cognitive abilities ; personality ; intergenerational transmission …
Persistent link: https://www.econbiz.de/10010079428
Augmenting a Mincerian earnings function with governorate level data, this paper estimated the external return to higher education for individuals in Egypt in 2010. The results suggested that these externalities are negative and exist only for female workers, while for males these externalities...
Persistent link: https://www.econbiz.de/10010097690
Status quo bias is a systematic cognitive error which makes it difficult for individuals to make decisions independently of the currently dominant situation. This study pursues the question of whether bond market analysts are affected by status quo bias. We evaluated interest rate forecast...
Persistent link: https://www.econbiz.de/10009958484
Die von wirtschaftlichen Umbrüchen geprägten Jahre nach der Wiedervereinigung waren für viele Ostdeutsche mit zunehmender Unsicherheit verbunden, während die Veränderungen in Westdeutschland weitaus weniger gravierend waren. In der Folge kam es in den 90er Jahren zu einem massiven Rückgang...
Persistent link: https://www.econbiz.de/10010079368
The paper investigates the importance of probability weighting in financial decisions and examines the degree to which risk-taking behavior deviates from expected utility theory in the presence of probability weighting. A group of professional traders participates in an experiment, whose data...
Persistent link: https://www.econbiz.de/10010079556
This study examined the relationship between share prices and dividends, earnings and book values for companies listed on the Nairobi Securities Exchange (NSE) in Kenya for the six years period between 2005 and 2010. Using panel data analysis the study found evidence that there is a positive and...
Persistent link: https://www.econbiz.de/10010097680
The issue of effective management accounting systems, and especially the resource allocation procedures, have attracted considerable interest among higher education institutions in recent years. Relevant previous research indicates that several universities adopt different approaches to the...
Persistent link: https://www.econbiz.de/10009958030
At the private university we analyze, the gap between white and black grade point averages falls by half between the students’ freshmen and senior year. This outcome could suggest that affirmative action policies are playing a key role to reduce racial differences. However, this convergence...
Persistent link: https://www.econbiz.de/10010082262