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influence educational performance. Several insights emerge. First, we find that incentives framed as losses have more robust … effects than comparable incentives framed as gains. Second, we find that non-financial incentives are considerably more cost …-effective than financial incentives for younger students, but were not effective with older students. Finally, and perhaps most …
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We run two field experiments within a large retail chain showing that the effectiveness of performance pay crucially hinges on prior job experience. Introducing sales-based performance pay for district- and later for store-managers, we find negligible average treatment effects. Based on surveys...
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In the present paper we attempt to analyse the relationship between "lifestyle" and happiness in the UK using fixed effects and granger causality tests to test for endogeneity. We split the analysis by gender and find different effects between women and men. While men seem to be more physically...
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This paper focuses on the role of habit formation in individual preferencesover consumption and saving. We closely relate to Alessie and Lusardi's(1997) model as we estimate a model which is based on their closed-formsolution, where saving is expressed as a function of lagged saving and...
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Studies employing micro price data to examine the extent of international goods market integration tend to find that borders induce arbitrage-impeding transaction costs which contribute to segment national markets. Analyzing household scanner price data from the three euro area countries...
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