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Donkor, Kwabena; Götte, Lorenz; Müller, Maximilian W.; … - 2023

This paper examines how beliefs and preferences drive identity-conforming consumption or investments. We introduce a … theory that explains how identity distorts individuals' beliefs about potential outcomes and imposes psychic costs on … gains from identity-incongruent assets by 9% to 27%. Our counterfactual simulations imply that identity-specific beliefs …

Persistent link: https://www.econbiz.de/10014447746

The lasting impact of historical residential security maps on experienced segregation

Aaronson, Daniel; Han, Joel Kaiyuan; Hartley, Daniel A.; … - 2023

We study the impact of the 1930s HOLC residential security maps on experienced segregation based on cell phone records which track visits out of and into home neighborhoods. We compare adjacent neighborhoods, one of which was assigned a lower grade for creditworthiness than the other. We use a...

Persistent link: https://www.econbiz.de/10014480375

The lasting impact of historical residential security maps on experienced segregation

Aaronson, Daniel; Han, Joel Kaiyuan; Hartley, Daniel A.; … - 2023

Persistent link: https://www.econbiz.de/10014369380

Culture as Learning: The Evolution of Female Labour Force Participation Over a Century

Fernández, Raquel - C.E.P.R. Discussion Papers - 2007

develops a dynamic model of culture in which individuals hold heterogeneous beliefs regarding the relative long-run payoffs for … women who work in the market versus the home. These beliefs evolve rationally via an intergenerational learning process …

Persistent link: https://www.econbiz.de/10005656274

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 locations is compatible with a zero expected net earnings differential between locations. The examples give rise to testable predictions that differ sharply from the predictions...

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

Vertical Transmission of Consumption Behavior and the Distribution of Surnames

Collado, M. Dolores; Ortuño Ortin, Ignacio; Romeu, Andrés - Facultad de Economía y Empresa, Universidad de Murcia - 2008

This paper attempts to detect the existence of links in consumption patterns between generations. Preferences for consumption goods may be determined by the preferences of parents and/or by preferences arising from the environment. We propose an indirect methodology to overcome the lack of data...

Persistent link: https://www.econbiz.de/10005042566

Intergenerational linkages in consumption patterns and the geographical distribution of surnames

Collado, M. Dolores; Ortuño-Ortín, Ignacio; Romeu, Andrés - In: Regional Science and Urban Economics 42 (2012) 1-2, pp. 341-350

This paper attempts to detect the existence of links in consumption patterns between generations. Preferences over consumption goods may be determined by the preferences of parents and/or by preferences arising from the environment. We propose an indirect methodology to overcome the lack of data...

Persistent link: https://www.econbiz.de/10011052352

VERTICAL TRANSMISSION OF CONSUMPTION BEHAVIOR AND THE DISTRIBUTION OF SURNAMES

Romeu, Andrés; Collado, M. Dolores; Ortín, Ignacio Ortuño - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2006

This paper attempts to detect the existence of links in consumptionpreferences between generations. Preferences for consumption goods may bedetermined by the preferences of parents (vertical transmission) and/or bypreferences arising from the environment (horizontal transmission). Wepropose an...

Persistent link: https://www.econbiz.de/10005515961

Cultural diversity and cultural distance as choice determinants of migration destination

Wang, Zhiling; de Graaff, Thomas; Nijkamp, Peter - 2014

This study analyses the impact of cultural composition on regional attractiveness from the perspective of migrant sorting behaviour. We use an attitudinal survey to quantify cultural distances between natives and immigrants in the area concerned, and estimate the migrants' varying preferences...

Persistent link: https://www.econbiz.de/10011400150

Social capital and migration intentions in post-communist countries

Huber, Peter; Mikula, Stepan - 2018

We analyse the impact of social capital on the willingness to migrate in 28 post-communist and five western European comparator countries using the Life in Transition Survey. We find substantially lower levels of professional social capital among the older cohorts in post-communist than in the...

Persistent link: https://www.econbiz.de/10011853253