We provide causal evidence from a developing country context that children exposed to lead at a young age exhibit worse cognitive outcomes. We exploit variation in exposure to leadcontaminated toxic sites in Indonesia and estimate a two-way fixed effects model using variation in age at first...

We study the interaction of education in adolescence and labor force participation around retirement age and its effect on cognitive abilities for individuals in Europe. Besides a direct long-run effect of education, indirect ones may arise, specifically through labor force participation. We...

This paper provides an overview of behaviors and learning of heterogeneous economic agents -whether individuals or firms- within complex evolving economies. It aims to explore the microfoundation of agency and learning, two fundamental aspects that constitutively contribute to the emergence of...

We evaluate the influence on the skill premium of the task content of jobs by exploiting the text data from online job ads covering 2009-2018 (over 189,000 ads) published by one of the leading Chilean online job portals (www.trabajando.com). Our analysis tests the expected complementarity...

Personality traits, preferences, and attitudes significantly influence labor market outcomes, and these non-cognitive skills are shaped by the social environment. While curriculum interventions can impact these skills, the effect of compulsory education on non-cognitive skills is less well...

The extraction of cyber threat intelligence (CTI) from open sources is a rapidly expanding defensive strategy that enhances the resilience of both Information Technology (IT) and Operational Technology (OT) environments against large-scale cyber-attacks. However, for most organizations,...

Identifying sensitive periods in which the returns to investments into skills are especially high is challenging, but crucial for an effective and efficient timing of parental or public investments aimed at fostering children’s skills. We can detect sensitive periods with a novel design by...

We study response behavior in surveys and propose a method to identify and improve the informativeness of survey evidence. First, we develop a choice model of survey response behavior under the assumption that responses imperfectly reveal respondents' characteristics due to limited...

Husbands are often key stakeholders and influential in women's enterprise performance. Intrahousehold constraints and relational dynamics may contribute to a gender gap in entrepreneurship. This mixed-methods paper uses a randomized controlled trial and qualitative research to examine whether...

This study analyzes, for the first time, the effect of increases in the minimum wage on the labor market outcomes of working age adults with cognitive disabilities, a vulnerable and low-skilled sector of the actual and potential labor pool. Using data from the American Community Survey...

This study analyzes, for the first time, the effect of increases in the minimum wage on the labor market outcomes of working age adults with cognitive disabilities, a vulnerable and low-skilled sector of the actual and potential labor pool. Using data from the American Community Survey...

Behavioral risk management is an increasingly important consideration in investment strategies, as research has shown that investor psychology can significantly impact portfolio performance. This study examines how psychological variables influence investing choices and the effects that these...

It is commonly assumed that cognitive skills start to decline by age 30 if not earlier, which could pose major challenges for rapidly aging populations. But this assumption largely relies on cross-sectional data that cannot distinguish between aging patterns and cohort differences in skills....

Recent scholarly discussions suggest the potential superiority of intuition over analysis in tasks with high equivocality. However, it remains unclear when and whether intuition is preferable when both uncertainty and equivocality are considered. Addressing this gap, the article introduces a...

Most news stories contain both granular quantitative information and coarse categorizations. For instance, company earnings are typically reported as a dollar figure alongside categorizations, such as whether earnings beat or missed market expectations. We study the hypothesis that when a...

Mental models help people navigate complex environments. This paper studies how people deal with model uncertainty. In an experiment, participants estimate a company's value, facing uncertainty about which one of two models correctly determines its true value. Using a between-subjects design, we...

This paper investigates how shifts in local labor markets influence maternal expectations about future support from their children, and how those expectations affect adolescents' socio-emotional development. Using panel data from the Young Lives study in Peru (Rounds 4 and 5), the analysis...

Objective: This article aims to investigate how digital competence moderates the relationship between entrepreneurial education and digital entrepreneurship intention among university students within the framework of social cognitive career theory. Research Design & Methods: We employed a...

The evidence underscores the need to shift attention from school attainment to actual learning. While the average global return to an additional year of schooling is about 10 percent, a one standard deviation increase in test scores raises earnings by 15 percent. Studies show that including...