People who delay claiming Social Security receive higher lifelong benefits upon retirement. We survey individuals on their willingness to delay claiming later, if they could receive a lump sum in lieu of a higher annuity payment. Using a moment-matching approach, we calibrate a lifecycle model...

Drawing on the real-options theory we analyse bidding behaviour in a sealed-bid-first-score procurement auction where suppliers, facing variable production costs, must simultaneously report the contract price and the cost level at which they intend to perform the project. We show that this award...

Short run gravity is a geometric weighted average of long run gravity and bilateral capacity. The model features (i) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of effcient investment in bilateral capacities, (iii) a structural ratio of short run...

Teamwork in research has been on the rise and so has the size of R&D teams. This paper offers an explanation for increasing team size that we call the "racing against time" hypothesis: With innovation races more competitive globally, R&D firms need to finish research projects as quickly as...

The objective of this study were to Establish the influence of training and Time Allocated on performance of monitoring and evaluation of Government Projects case of CDF projects in Kajiado East Sub-County and Determine how Funds available for monitoring and evaluation influence performance of...

Mädchen im Teenageralter verbringen heute weniger Zeit mit Hausarbeit als noch vor zehn Jahren. Lag der Anteil der 15- bis 17-Jährigen, die im Schnitt über 45 Minuten am Tag mithelfen, zu Beginn des neuen Jahrtausends bei 68,2 Prozent, so sind es heute nur noch 45,7 Prozent. Damit haben die...

One of the daunting problems in international finance is the weak explanatory power of existing theories of the nominal exchange rates, the so-called "foreign exchange rate determination puzzle". We propose a continuous-time model to study the impact of order flow on foreign exchange rates. The...

The present article proposes a personalized approach of a new dimension for the contemporary society, namely the comprehension of the human behavior in manifestation, in the present conditions of the unprecedented development of technology, the unavoidable advent of both interdependency and of...

In dieser Studie werden Zeit, Wohlstand und Zufriedenheit mit einem interdependenten multidimensionalen (IMD) Polarisierungsansatz von Zeit und Einkommen und der Entwicklung über 20 Jahre in Deutschland analysiert. Mit dem neuen Ansatz zur multidimensionalen Polarisierungsintensität (2DGAP)...

This document investigates the effect that the delivery of XO laptops in Peru has had on teachers' pedagogical practices and students' use of time in the home based on information from a randomized control trial. The results show that the delivery of XO laptops reduces the probability that...

Although instruction time is an important and costly resource in education production, there is a remarkable scarcity of research examining the effectiveness of its use. We build on the work of Lavy (2015) using the variance of subject-specific instruction time within Switzerland to determine...

In dieser Studie wird monatsgenau untersucht, wie sich die Eintrittsraten von Müttern mit Arbeitslosengeld-II (ALG-II)-Bezug in abhängige Beschäftigung1 über die ersten vier Lebensjahre des jüngsten Kindes entwickeln. Für Eltern, die Kinder im Alter von drei Jahren oder älter betreuen,...

Female labor market participation rates have increased substantially in many countries over the last decades, especially those of mothers with young children. This trend has triggered an intense debate about its implications for children's well-being and long-term educational outcomes. The...

Although instruction time is an important and costly resource in education production, there is a remarkable scarcity of research examining the effectiveness of its use. We build on the work of Lavy (2015) using the variance of subject-specific instruction time within Switzerland to determine...

Entrepreneurs and freelancers, the self-employed, commonly are characterized as not only to be relatively rich in income but also as to be rich in time because of their time-sovereignty in principle. Our introducing study scrutinises these results and notions about the well-being situation of...

This paper examines the determinants of inter vivos (lifetime) transfers of ownership in German family firms between 2000 and 2013. Survey evidence indicates that owners of larger firms, and firms with strong current business conditions, transfer ownership at higher rates than others. When a...

Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the confounding effects of time pressure, as proposed by...

We use remarkable population-level administrative education and birth records from Florida to study the role of Long-Term Orientation on the educational attainment of immigrant students living in the US. Controlling for the quality of schools and individual characteristics, students from...

In dieser Studie werden Zeit, Wohlstand und Zufriedenheit mit einem interdependenten multidimensionalen (IMD) Polarisierungsansatz von Zeit und Einkommen und der Entwicklung über 20 Jahre in Deutschland analysiert. Mit dem neuen Ansatz zur multidimensionalen Polarisierungsintensität (2DGAP)...

Several theories have been offered to explain the recent declines in violent crime rates in the United States. We hypothesize that technological innovations, which improved information transmission and shortened the response time between an aggravated assault incident and treatment, reduced the...

When considering long-haul transport requests, the durations of rest periods and breaks highly influence the overall time needed for fulfillment. In the European Union, Regulation (EC) No 561/2006 defines the rules for the number, duration and time intervals when rest periods and breaks have to...

Entrepreneurs and freelancers, the self-employed, commonly are characterized as not only to be relatively rich in income but also as to be rich in time because of their time-sovereignty in principle. Our introducing study scrutinises these results and notions about the well-being situation of...

This document investigates the effect that the delivery of XO laptops in Peru has had on teachers' pedagogical practices and students' use of time in the home based on information from a randomized control trial. The results show that the delivery of XO laptops reduces the probability that...

We designed and fielded an experimental module in the 2014 HRS which seeks to measure older persons' willingness to voluntarily defer claiming of Social Security benefits. In addition we evaluate the stated willingness of older individuals to work longer, depending on the Social Security...