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Migration and educational aspirations: Another channel of brain gain?

Böhme, Marcus H. - In: IZA Journal of Migration 4 (2015), pp. 1-24

International migration not only enables individuals to earn higher wages but also exposes them to new environments … caregivers in migrant households. Estimates for Moldova show that international migration raises parental aspirations in … shocks in the destination countries and migration networks. These results imply that aspirations are a highly relevant …

Persistent link: https://www.econbiz.de/10011586039

On the Economics of Others

Stark, Oded - In: Ekonomista (2013) 5, pp. 709-715

We relate to others in two important ways: we care about others, and we care about how we fare in comparison to others. In some contexts, these two forms of relatedness interact. Caring about others can conveniently be labeled altruism. Caring about how we fare in comparison with others who fare...

Persistent link: https://www.econbiz.de/10012583806

Financial education and consumers’ willingness to change behavior

Chatterjee, Swarn; Green-Pimentel, Leslie; Turner, Pamela - In: Investment Management and Financial Innovations 7 (2010) 3, pp. 73-81

This paper uses proprietary data comprising of 4,155 participants who attended financial education seminars conducted by a major U.S. consumer credit counseling agency in 2007. In this study, knowledge gained from attending the seminars is estimated using a multivariate regression model. Results...

Persistent link: https://www.econbiz.de/10011439781

Individual wealth accumulation: Why does dining together as a family matter?

Chatterjee, Swarn; Palmer, Lance; Goetz, Joseph - In: Applied Economics Research Bulletin 8, 2, pp. 1-22

This study uses data from the Panel Study of Income Dynamics to examine whether self-regulation, proxied by regularly dining together with family, is associated with better financial preparedness and greater wealth accumulation across time among households. Findings reveal that individuals who...

Persistent link: https://www.econbiz.de/10011440349

Die Tücken des Zinseszinseffekts: Privatanleger unterschätzen Verlustrisiken bei Finanzprodukten

Zankiewicz, Christian - In: DIW Wochenbericht 81 (2014) 9, pp. 166-171

Legen Menschen ihre Ersparnisse in Finanzprodukte an, etwa um für ihr Alter vorzusorgen, machen sie davon in nicht unerheblichem Ausmaß ihre künftige finanzielle Lebenslage abhängig. Die Finanzbranche bewirbt zahlreiche und hinsichtlich ihres Verlustrisikos stark variierende...

Persistent link: https://www.econbiz.de/10010332915

Tales of Migration without Wage Differentials: Individual, Family, and Community Contexts

Stark, Oded - In: Institutions and Economic Development (2003) 2, pp. 79-92

By means of examples that pertain to individual, family, and community contexts, it is shown that migration between …

Persistent link: https://www.econbiz.de/10012504505

Systemic Usury and the European Consumer Credit Directive

Neuberger, Doris; Reifner, Udo - In: Vierteljahrshefte zur Wirtschaftsforschung 89 (2020) 1, pp. 115-132

Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by deceitful and even fraudulent means, we consider it as...

Persistent link: https://www.econbiz.de/10012507905

Household Income Inequalities and Labour Market Position in the European Union

Salverda, Wiemer - In: CESifo Forum 19 (2018) 2, pp. 35-43

Persistent link: https://www.econbiz.de/10011886270

Migration and aspirations: Are migrants trapped on a hedonic treadmill?

Czaika, Mathias; Vothknecht, Marc - In: IZA Journal of Migration 3 (2014), pp. 1-21

find evidence that migrants are self-selected along higher individual aspirations acquired (or, inherited) before migration …. However, despite the fact that migration is economically beneficial for most migrants, the migration experience itself seems …

Persistent link: https://www.econbiz.de/10011586005

Contribution-based grouping under noise

Nax, Heinrich H.; Murphy, Ryan O.; Duca, Stefano; … - In: Games 8 (2017) 4, pp. 1-23

Many real-world mechanisms are 'noisy' or 'fuzzy', that is the institutions in place to implement them operate with non-negligible degrees of imprecision and error. This observation raises the more general question of whether mechanisms that work in theory are also robust to more realistic...

Persistent link: https://www.econbiz.de/10011852716

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