Economic insecurity is an inherent characteristic of the transition from a planned economy to a market-oriented economy and workers' assessments of their economic insecurity have direct consequences not only for their happiness/well-being, but also on consumption and saving behavior. This study...

We use data from an employee survey conducted in Russia, Armenia and Kazakhstan to investigate how much of the gender difference in pay in former socialist economies can be explained by personality. We consider a commonly used personality measure, locus of control (LOC), and find that among the...

Economic insecurity is an inherent characteristic of the transition from a planned economy to a market-oriented economy and workers' assessments of their economic insecurity have direct consequences not only for their happiness/well-being, but also on consumption and saving behavior. This study...