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This paper examines the distributional impact of increases to out-of-work transfers, increases to work-contingent transfers, and increases in higher rates of income tax over the whole of life. We find that, in contrast to what is implied by standard snapshot analyses, increases to...
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We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an … risk than individuals in the investment task . In our consultation treatments we find evidence of peer effects: there is … significant correlation of decisions within the peer group. However, average risk taking is not significantly different from the …
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We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an … second with group choice after communication. Our benchmark treatments replicate findings that groups take more risk than … the peer group are significantly correlated. However, average risk-taking after consultation is not significantly …
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