Showing 1 - 10 of 153
countries, we investigate empirically if there is systematic evidence for a home bias in sovereign ratings. Specifically, we use … explained by the fundamentals of rated countries, our results provide empirical support for the existence of a home bias in … sovereign ratings. We find that the bias becomes more accentuated following the onset of the Global Financial Crisis and appears …
Persistent link: https://www.econbiz.de/10010480669
We report the results of a field experiment evaluating the impact of financial literacy training on teenagers between …
Persistent link: https://www.econbiz.de/10010342882
This paper provides an explanation for the observed decline of exchange rate pass-through into import prices by modeling the effects of financial market integration on the optimal choice of the pricing currency in the context of rigid nominal goods prices. Contrary to previous literature, the...
Persistent link: https://www.econbiz.de/10010486033
models of home bias in international portfolio holdings. I further show that this evidence is strongly linked to countries …
Persistent link: https://www.econbiz.de/10010489904
This paper examines field experiment in which we encourage the use of computer-based tests (quizzes) through a set of …
Persistent link: https://www.econbiz.de/10010341634
We conduct a field experiment in a naturally occurring labor environment and track whether the performance of workers …
Persistent link: https://www.econbiz.de/10010486055
We examine the benefits of objective performance measurement in a field experiment conducted in a retail bank. At the …
Persistent link: https://www.econbiz.de/10010338944
perform better. By conducting a natural field experiment, we aim to test whether this policy actually has the predicted …
Persistent link: https://www.econbiz.de/10010486690
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...
Persistent link: https://www.econbiz.de/10010487278
Auctions often involve goods exhibiting a common knowledge ex-post risk. Precautionary bidding predicts that under expected utility, ex-post risk leads DARA bidders to reduce their bids by more than the appropriate risk premium. Because the degree of riskiness of the good, and bidders risk...
Persistent link: https://www.econbiz.de/10010344662