Schaeuffele et al. (2024) examined the effect of Transdiagnostic Cognitive Behavioural Psychotherapy (TD-CBT) on emotional disorders through a meta-analysis of 53 studies involving 6,705 participants. Their main findings indicated that TD-CBT has larger treatment effects on depression, g = 0.74,...

We study how individuals update their beliefs in the presence of competing data-generating processes, or models, that could explain observed data. Through experiments, we identify the weights participants assign to different models and find that the most common updating rule gives full weight to...

Background: Extensive research highlights the economic benefits of collaboration among parcel delivery service providers, yet mutually advantageous cooperative arrangements remain limited in Hungary's online shopping sector. Service providers typically prefer to operate independently rather than...

The evolving labor environment underscores the critical role of cognitive and non-cognitive (soft) skills in fostering workforce adaptability and enhancing labor market outcomes. This study investigates the combined influence of these skills on the probability of employment, focusing on the...

The evidence underscores the need to shift attention from school attainment to actual learning. While the average global return to an additional year of schooling is about 10 percent, a one standard deviation increase in test scores raises earnings by 15 percent. Studies show that including...

We study the interaction of education in adolescence and labor force participation around retirement age and its effect on cognitive abilities for individuals in Europe. Besides a direct long-run effect of education, indirect ones may arise, specifically through labor force participation. We...

This paper provides an overview of behaviors and learning of heterogeneous economic agents -whether individuals or firms- within complex evolving economies. It aims to explore the microfoundation of agency and learning, two fundamental aspects that constitutively contribute to the emergence of...

We evaluate the influence on the skill premium of the task content of jobs by exploiting the text data from online job ads covering 2009-2018 (over 189,000 ads) published by one of the leading Chilean online job portals (www.trabajando.com). Our analysis tests the expected complementarity...

Personality traits, preferences, and attitudes significantly influence labor market outcomes, and these non-cognitive skills are shaped by the social environment. While curriculum interventions can impact these skills, the effect of compulsory education on non-cognitive skills is less well...

This study examines the implications of artificial intelligence (AI) on employment, wages, and inequality in Latin America and the Caribbean (LAC). The paper identifies tasks and occupations most exposed to AI using comprehensive individual-level data alongside AI exposure indices. Unlike...

The rapid evolution of technology and the business landscape has introduced the Metaverse, a virtual realm with immense potential for transforming communication and collaboration. The pandemic accelerated the shift to online channels, making the Metaverse a crucial investment for businesses in...

We study how individuals update their beliefs in the presence of competing datagenerating processes, or models, that could explain observed data. Through experiments, we identify the weights participants assign to different models and find that the most common updating rule gives full weight to...

Personality traits, preferences, and attitudes significantly influence labor market outcomes, and these non-cognitive skills are shaped by the social environment. While curriculum interventions can impact these skills, the effect of compulsory education on noncognitive skills is less well...

Strategic learning self-efficacy reflects the confidence of managers in their ability to learn from the outcomes of past strategic decisions and apply that knowledge to new decisions. This research examines the relationship between strategic learning self-efficacy and a firm's industry-adjusted...

We use data on Latino children in the United States who have been randomly assigned calculation tests in English or Spanish to check for the so-called bilingual advantage, the notion that knowing more than one language improves individuals' other cognitive skills. After controlling for different...

We estimate the impact of having siblings on school outcomes of first-born children. By leveraging exogenous variation in first and later IVF treatments, we construct an improved instrumental variable estimator that tackles exclusion violations and identifies causal effects for compliers and...

Using Italian data on the universe of mandatory tests conducted in a low-stakes setting without air conditioning, we investigate the effect of temperature on student performance, with a focus on how manipulation distorts causal estimates of temperature effects on test scores. While high...