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Import Competition, Heterogeneous Preferences of Managers, and Productivity
Chen, Cheng - 2020
may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially … unproductive. Productivity improvements are driven by family management as opposed to family ownership or non-managing family …
Persistent link: https://www.econbiz.de/10012843433
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Nonhomothetic Preferences and Rent Sharing in an Open Economy
Egger, Hartmut - 2019
We develop a framework for studying how differences in the level and/or dispersion of per-capita income affect trade structure and welfare in a two-country model. Thereby, we embed nonhomothetic preferences into a home-market model with two sectors of production and one input factor. We...
Persistent link: https://www.econbiz.de/10012891573
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Measuring Belief-Dependent Preferences Without Information About Beliefs
Bellemare, Charles - 2019
We derive bounds on the causal effect of belief-dependent preferences (reciprocity and guilt aversion) on choices in sequential two-player games without exploiting information or data on the (higher-order) beliefs of players. We show how informative bounds can be derived by exploiting a specific...
Persistent link: https://www.econbiz.de/10012892074
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Dimensions of Donation Preferences : The Structure of Peer and Income Effects
Drouvelis, Michalis - 2019
Charitable donations provide positive externalities and can potentially be increased with an understanding of donor preferences. We obtain a uniquely comprehensive characterization of donation motives using an experiment that varies treatments between and within subject. Donations are increasing...
Persistent link: https://www.econbiz.de/10012892086
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Are Economic Preferences Shaped by the Family Context? The Impact of Birth Order and Siblings' Sex Composition on Economic Preferences
Detlefsen, Lena - 2019
The formation of economic preferences in childhood and adolescence has long-term consequences for life-time outcomes. We study in an experiment with 525 teenagers how both birth order and siblings’ sex composition affect risk, time and social preferences. We find that second born children are...
Persistent link: https://www.econbiz.de/10012892225
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On the Preferred Creditor Status of Multilateral Development Banks
Amegashie, J. Atsu - 2023
The loans of the IMF, World Bank, and other multilateral development banks (MDBs) are excluded from debt restructuring. This is the result of their preferred creditor status. There are two justifications for the preferred creditor status of MDBs: (a) they give concessional loans, and (b) they...
Persistent link: https://www.econbiz.de/10014347019
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Malleability of Preferences for Honesty
Abeler, Johannes; Falk, Armin; Kosse, Fabian - 2021
Reporting private information is a key part of economic decision making. A recent literature has found that many people have a preference for honest reporting, contrary to usual economic assumptions. In this paper, we investigate whether preferences for honesty are malleable and what determines...
Persistent link: https://www.econbiz.de/10013231961
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Global Evidence on Misperceptions and Preferences for Redistribution
Feichtmayer, Jennifer Elena; Gründler, Klaus - 2021
Individuals often hold erroneous beliefs about their socio-economic status relative to others. We develop a new machine learning technique to measure these misperceptions and use large-scale international survey data to compute status misperception for 241,757 households from 97 countries (24...
Persistent link: https://www.econbiz.de/10013322781
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Long Term Care Insurance with State-Dependent Preferences
De Donder, Philippe - 2020
We study the demand for actuarially fair Long Term Care (LTC hereafter) insurance in a setting where autonomous agents only care for daily life consumption while dependent agents also care for LTC expenditures. We assume that dependency decreases the marginal utility of daily life consumption....
Persistent link: https://www.econbiz.de/10012844210
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Childlessness, Childfreeness and Compensation
Leroux, M.‐L. - 2020
We study the design of a fair family policy in an economy where parenthood is regarded either as desirable or as undesirable, and where there is imperfect fertility control, leading to involuntary childlessness/parenthood. Using an equivalent consumption approach in the consumption-fertility...
Persistent link: https://www.econbiz.de/10012844426