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We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to...
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About half of all employees in Spain are on a daytime split work schedule, i.e. they typically work for 5 h in the morning, take a 2-hour break at lunch time, and work for another 3 h in the afternoon/evening. This paper studies the effects of split work schedule on workers' psychological...
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This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non-cooperative game where each player’s payoff depends on her present and future consumption and her rank in the present consumption distribution. The setting is a pooling...
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We study the role of cognitive ability for individuals’ tax responsiveness using linked administrative tax and military enlistment registers. Our main finding is that individuals in the top decile of the ability distribution react twice as strong to a large and salient kink point in the...
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