Limited attention may play a role in explaining the inability to reach savings goals (Karlan, McConnell, Mullainathan and Zinman, forthcoming). Presuming that attention is a scarce resource and important for the pursuit of saving plans, limits to attention in inter-temporal consumption and...

Asymmetric information impairs the functioning of credit markets, in particular in developing countries where incomplete property rights and lack of collateral are a common joint occurrence. In such an environment financial institutions enable lending by transferring the responsibilities for the...

The presentation analyzes whether the success of persuasive messages depends on an individual's behavioral bias: If at the onset of a savings period saving goals are chosen with over- or underconfidence, i.e. individuals over- or underestimate their savings potential, individuals might save too...

This paper analyzes data from a novel field experiment designed to test the impact of two different insurance products and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is simulated by a lottery, risk-sharing is possible in solidarity...

Based on a new, exceptionally informative and large German linked employer-employee administrative dataset, we investigate the question whether the omission of important control variables in matching estimation leads to biased impact estimates of typical active labour market programmes for the...

In this paper, we assess the impact of firms introducing part-time work schemes for gradual labour market exit of elderly workers on their employees labour market outcomes. The analysis is based on unique linked employer-employee data that combine high-quality survey and administrative data. Our...

Disabled insurance (DI) beneficiaries lose benefits if labor incomes exceed certain thresholds (so called cash-cliffs ). The high implicit taxation of employment income is considered one of the prime reasons for the low outflow from the disability insurance. This paper presents the results of...

Based on the Canadian National Population Health Survey we estimate the effects of individ-ual sports and exercise on individual labor market outcomes. The data covers the period from 1994 to 2008. It is longitudinal and rich in life-style, health, and physical activity in-formation. Exploiting...