Showing 1 - 10 of 567
This paper examines how skill-biased growth can generate economic fragmentation (income disparities) that give rise to …-nationalist policies (which destroy productivity, compress the income distribution and promote the benefits of social affiliation). …
Persistent link: https://www.econbiz.de/10012120280
possible outcome reporting bias using gender differences in risk attitudes. There is a strong consensus view in the … outcome reporting bias in the risk and gender literature. We find no evidence that the likelihood of reporting about gender …
Persistent link: https://www.econbiz.de/10010204670
We repeatedly elicit beliefs about the returns to study effort, in a large university course. A behavioral model of quasi-hyperbolic discounting and malleable beliefs predicts that the dynamics of beliefs mirrors the importance of exerting self-control, such that believed returns increase as the...
Persistent link: https://www.econbiz.de/10014490754
demonstrate that machine learning (ML) can automatically satisfy these conditions due to its inherent inductive bias toward …-state multiplicity. Additionally, the inductive bias provides a foundation for modeling forward-looking behavioural agents with self …
Persistent link: https://www.econbiz.de/10015050745
firms cannot offer long-term contracts, we find that individuals who are naive about their present bias will actually be … inefficiencies caused by their present bias. …
Persistent link: https://www.econbiz.de/10011996799
We analyze how agents' present bias affects optimal contracting in an infinite-horizon employment setting. The …
Persistent link: https://www.econbiz.de/10011557767
income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …We measure individual bias in labor market expectations in German survey data and find that workers on average … pessimistic than West Germans. We find a significantly negative relationship between the pessimistic bias in job separation …
Persistent link: https://www.econbiz.de/10014247564
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades …. Combining personal income tax and social security data allows us - for the first time - to offer a complete picture of the … German labor market and increasing labor supply. In the second part of the paper, we study the distribution of total income …
Persistent link: https://www.econbiz.de/10012886897
emphasizing apprenticeship programs. Results are robust to accounting for ability patterns and to propensity-score matching …
Persistent link: https://www.econbiz.de/10009349947
We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through 2007 by exploiting industry shocks to import competition stemming from China’s spectacular rise as a manufacturing exporter paired with longitudinal data on individual earnings...
Persistent link: https://www.econbiz.de/10010412742