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Determinants of risk attitudes of individuals are of great interest in the growing area of behavioral economics that focuses on the individual attributes, psychological or otherwise, that shape common financial and investment practices. The purpose of this paper is to review the empirical...
Persistent link: https://www.econbiz.de/10010941775
I provide a discourse on the article by Prof. Lynn (2010), which suggests that differences in intelligence explain per capita income levels across the Italian regions. To emphasize that his article is affected by flaws leading to false conclusions. This is clear as soon as some basic principles...
Persistent link: https://www.econbiz.de/10008498091
In this paper we study the geometrical properties of the support of the limit distributions of income/wealth in economies with uninsurable individual risk, and how they are affected by technology and preference parameters and by policy variables. We work out two simple successive generation...
Persistent link: https://www.econbiz.de/10005135396