Showing 1 - 10 of 351
that emphasise circumstances rather than outcomes or effort. We link preferences to previously-measured cognition, and find … that high-cognition individuals are 35% more likely to always support such schemes. These preferences are not driven by … play in life, high-cognition individuals perceive outcomes to be more determined by luck …
Persistent link: https://www.econbiz.de/10014356705
Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple, incentivized setup many subjects do not treat money as...
Persistent link: https://www.econbiz.de/10013325156
Passive behavior is ubiquitous - even when facing various alternatives to choose from, people commonly fail to take decisions. This paper provides evidence on the cognitive foundations of such "passive choices" and studies implications for policies that encourage active decision-making. In an...
Persistent link: https://www.econbiz.de/10012870144
Many low- and middle-income countries have introduced Public Works Programmes (PWPs) to fight poverty. PWPs provide temporary cash-for-work opportunities to boost poor households' incomes and to provide better infrastructure to local communities. While PWPs do not target children directly, the...
Persistent link: https://www.econbiz.de/10014077014
affects cognition, a component of human capital critical to decision-making, in late adulthood. We show that an extra year of … schooling improves memory and general cognition performance. We detect heterogeneous treatment effects by gender: the effects …-age cognition …
Persistent link: https://www.econbiz.de/10014080614
We study how children's socio-emotional skills and well-being in adolescence are affected by an increase in the duration of parental care during infancy. Exploiting a Danish reform that extended paid parental leave in 2002 and effectively delayed children's entry into formal out-of-home care, we...
Persistent link: https://www.econbiz.de/10014081006
ages using the Harmonized Cognition Assessment Protocol in the Health & Retirement Study. To address endogeneity concerns … on cognition. We also replicate findings from the Health & Retirement Study using another sample of older adults from the … Midlife in United States Development Study Cognition Project …
Persistent link: https://www.econbiz.de/10014081950
We exploit admission cutoffs to secondary schools to study the effects of general academically oriented, versus vocational secondary schooling on cognitive and non-cognitive skills using a regression discontinuity design. We measure these skills using the Finnish Defence Forces Basic Skills Test...
Persistent link: https://www.econbiz.de/10014083329
We provide the first empirical evidence on the direct link between locus of control and self-control, and how they interact in explaining a range of health outcomes. Using rich Australian survey data, we find that, while the two traits are distinct constructs, a greater internal locus of control...
Persistent link: https://www.econbiz.de/10014083683
We find a strong relationship between risk-loving preferences and cognitive ability which becomes stronger as adherence to the generalized axiom of revealed preference (a proxy for rationality) increases. Our results are taken from a field study of individuals at the very bottom of the income...
Persistent link: https://www.econbiz.de/10014083710