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The Role of Social Work Norms in Job Searching and Subjective Well-Being
job searching social norms subjective well-being unemployment
2013/10/18
Social norms are usually neglected in economics because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measu...
Subjective Discount Rates, Intergenerational Transfers and the Return to Schooling
Intergenerational transfers returns to education subjective discount rates
2013/10/17
Using a dynamic programming model of schooling decisions, we investigate the relationship between subjective discount rates and the labor market ability (the discount rate bias) on a panel taken from ...