Is there a happiness premium for working in the public sector? We explore this question usinga large sample of Italian employees from 2004 to 2016. We find that happiness increaseswith economic status. Public employees enjoy a happiness premium compared to privateemployees, but only if they are...

We study the effect of alternative parental teaching strategies on the propensity to save and the amount saved during adulthood. Using a panel dataset from the Dutch DNB Household Survey we find that parental teaching to save increases the likelihood that an adult will save by 16%, and the...

We use a panel dataset from the Dutch Household Survey, covering annually the period 1995-2012, to analyse whether individual financial risk taste changes over time with the background macroeconomic and financial conditions, as well as personal and subjective exposure to portfolio risk....

We run a laboratory experiment testing the correlation between time preferences and cheating at the individual level. In our experiment cheating increases the earnings of those who commit it, and it only entails a moral cost for the cheater. By presenting the first study that measures at the...

We use individual life-history data on twelve European countries to investigate the role of temptation in explaining the decision to become home-owners relatively late in life. The model we consider takes into account the standard motives for saving and investing in illiquid assets such as...