This study questions the popular stereotype that women are more risk averse than men in their financial investment decisions. The analysis is based on micro-level data from large-scale surveys of private households in five European countries. In our analysis of investment decisions, we directly...

Klaus F Zimmermann Dorothea Schäfer Finanzmärkte nach dem Flächenbrand Warum es dazu kam und was wir daraus lernen müssen Mit Beiträgen von: Oleg Badunenko Nataliya Barasinska Amelie F. Constant Christian Dreger Rolf Ketzler Mechthild Schrooten GABLER ...

B<sc>adunenko</sc> O. and R<sc>omero-</sc>Á<sc>vila</sc> D. Productivity growth across Spanish regions and industries: a production-frontier approach, <italic>Regional Studies</italic>. This paper decomposes labour productivity growth into components attributable to technological change, technological catch-up, capital deepening and...

We employ data envelopment analysis (DEA) methods to construct the world production frontier, which is in turn used to decompose (labor) productivity growth into components attributable to technological change (shift of the production frontier), efficiency change (movements toward or away from...

The traditional approach to measuring allocative efficiency is based on input prices, which are rarely known at the firm level. This paper proposes a new approach to measure allocative efficiency which is based on the output-oriented distance to the frontier in a profit?technical efficiency...

This study investigates the role of gender in individuals’ financial risk taking. We find that although females exhibit, on average, lower risk propensity than males, the effect of gender on the actual risk taking varies across countries and across types of financial decisions. Specifically,...

We employ bootstrap techniques in a production frontier framework to provide statistical inference for each component in the decomposition of labor productivity growth, which has essentially been ignored in this literature. We show that only two of the four components (efficiency changes and...