Sind deutsche Chefs gut aufgestellt, um den gesellschaftlichen Wandel menschlich zu gestalten, den uns der globale Wettbewerb als Hausaufgabe aufgegeben hat? Ein weltweiter Vergleich der Managementkulturen nährt Zweifel.

Our paper explores the role of time preferences on household debt maturity choice. Wefind that in countries where people are more patient in the long term, planning horizons in householddebt portfolios are significantly longer, as the optimal maturity of loans is considerably higher.The...

We present results from the rst large-scale international surveyon time discounting, conducted in 45 countries. Cross-country varia-tion cannot simply be explained by economic variables such as interestor ination rates. In particular, we nd strong evidence for culturaldierences, as measured by...