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We investigate the effect of broad personality traits - the Big Five - on an individual's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions, we...
Persistent link: https://www.econbiz.de/10011600985
We investigate the effect of broad personality traits - the Big Five - on an individual's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions, we...
Persistent link: https://www.econbiz.de/10008826989
This chapter covers recent solutions to aggregation problems in three application areas: consumer demand analysis, consumption growth and wealth, and labor participation and wages. Each area involves treatment of heterogeneity and nonlinearity at the individual level. Three types of...
Persistent link: https://www.econbiz.de/10014024947
This paper estimates the extent of intergenerational income mobility in Japan among sons and daughters born between 1935 and 1975. Our estimates rely on a two-sample instrumental variables approach using representative data from the Japanese Social Stratification and Mobility (SSM) surveys,...
Persistent link: https://www.econbiz.de/10010291383
We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low …-and-flow consistent agent-based model by Rolim et al. (2023), in which inflation and inequality result from the social conflict over … income distribution. The inflation-unemployment-inequality nexus leads to the inequality-augmented Phillips curve relating …
Persistent link: https://www.econbiz.de/10014327420
an explanation for this misery Pierre Bourdieu's and James Coleman's theories about cultural and social capital prove to … background in Germany. Bourdieu basically explains that family background leads to acquire specific levels of manners, attitudes …
Persistent link: https://www.econbiz.de/10010311689
societal income inequality, poverty, polarization and societal segmentation are examined. What emerges for the Eurozone as an … behaviour. However, in the face of increasing overall Eurozone inequality, constituent nations were becoming increasingly …
Persistent link: https://www.econbiz.de/10011823306
Persistent link: https://www.econbiz.de/10013442158
The aid-growth literature has been explored using a wide range of econometric methodologies. The evidence of the effectiveness of aid to promote economic growth is mixed, suggesting that the link between aid and growth is complex and may not be well identified by traditional methods. We take...
Persistent link: https://www.econbiz.de/10010230909
This study investigates the relationship between institutional ownership and dividend payout behavior of the firm in Germany. Using a propensity scoring method estimator to control for endogeneity problems, we find evidence that neither institutional ownership nor bank control is statistically...
Persistent link: https://www.econbiz.de/10010261493