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Politik hat vielfach zum Ziel, das Verhalten von Wirtschaftssubjekten durch eine Veränderung der Rahmenbedingungen zu steuern. Bei der Politikfolgenabschätzung müssen deshalb Voraussagen gemacht werden, wie Menschen sich an veränderte ökonomische Bedingungen anpassen. Eine wichtige...
Persistent link: https://www.econbiz.de/10011143123
Persistent link: https://www.econbiz.de/10009401943
Due to low cognitive capacities, small children need their parents to decide all the small and large decisions in life as substitute decision makers. The long-lasting consequences of these decisions usually have to be borne by the child itself. Hence, children's development depends particularly...
Persistent link: https://www.econbiz.de/10008752612
We report results of an experiment testing for present-value maximization in intertemporal income choice. Two-thirds of …
Persistent link: https://www.econbiz.de/10005626689
In the model of Stark et al. (1997, 1998), the possibility of employment in a developed country raises the level of human capital acquired by workers in the developing country. We show that this result holds even when workers have the option to save.
Persistent link: https://www.econbiz.de/10010910225
In the model of Stark et al. (1997, 1998), the possibility of employment in a developed country raises the level of human capital acquired by workers in the developing country. We show that this result holds even when workers have the option to save.
Persistent link: https://www.econbiz.de/10010955018
. This paper shows that such reference dependence can affect savings in opposite directions depending on whether people face … liquidity constraints. Existing models for wealth and intertemporal choice predict that reference dependence reduces savings but … increase optimal savings for people without access to credit. Liquidity constraints force them to take part of an income loss …
Persistent link: https://www.econbiz.de/10011272210
In the model of Stark et al. (1997, 1998), the possibility of employment in a developed country raises the level of human capital acquired by workers in the developing country. We show that this result holds even when workers have the option to save.
Persistent link: https://www.econbiz.de/10011041820
among high-school students and intertemporal choices were measured using an incentivized experiment. Students who …
Persistent link: https://www.econbiz.de/10011274344
Persistent link: https://www.econbiz.de/10005542734