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  1. The glasses are tinted
    self-confidence and poverty trap
    Erschienen: 2020
    Verlag:  Institute of Economic Growth, University Enclave, University of Delhi, Delhi

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: IEG working paper ; no. 402
    Schlagworte: Human Capital Investment; Behavioral Bias; Poverty Trap; Behavioral Trap
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  2. Disrupted schooling: impacts on achievement from the Chilean school occupations
    Erschienen: [2020]
    Verlag:  Centre for Economic Performance, London School of Economics and Political Science, London

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    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: CEP discussion paper ; no 1696 (May 2020)
    Schlagworte: Chilean Winter; Instructional Time; Protests; Educational Outcomes; School Occupations; Missing School Days; Riots; Human Capital Investment
    Umfang: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  3. Risk Preferences and Training Investments
    Erschienen: 2020
    Verlag:  Universität Potsdam, Potsdam

    We analyze workers’ risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpinning training decisions. Investment risk leads risk-averse workers to train less; they... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Universität Potsdam, Universitätsbibliothek
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    We analyze workers’ risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpinning training decisions. Investment risk leads risk-averse workers to train less; they undertake more training if it insures them against future losses. We use the German Socio-Economic Panel (SOEP) to demonstrate that risk affinity is associated with more training, implying that, on average, investment risks dominate the insurance benefits of training. Crucially, this relationship is evident only for general training; there is no relationship between risk attitudes and specific training. Thus, as expected, risk preferences matter more when skills are transferable – and workers have a vested interest in training outcomes – than when they are not. Finally, we provide evidence that the insurance benefits of training are concentrated among workers with uncertain employment relationships or limited access to public insurance schemes.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Auflage/Ausgabe: This version: November 4,2020
    Schriftenreihe: CEPA discussion papers ; No. 23
    Schlagworte: Human Capital Investment; Risk Preferences; Work-related Training
    Umfang: 1 Online-Ressource (35 Seiten, 609 KB)
  4. Risk Preferences and Training Investments
    Erschienen: 2020
    Verlag:  Universität Potsdam, Potsdam

    We analyze workers’ risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpinning training decisions. Investment risk leads risk-averse workers to train less; they... mehr

    Zugang:
    Verlag (kostenfrei)
    Universität Potsdam, Universitätsbibliothek
    uneingeschränkte Fernleihe, Kopie und Ausleihe

     

    We analyze workers’ risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpinning training decisions. Investment risk leads risk-averse workers to train less; they undertake more training if it insures them against future losses. We use the German Socio-Economic Panel (SOEP) to demonstrate that risk affinity is associated with more training, implying that, on average, investment risks dominate the insurance benefits of training. Crucially, this relationship is evident only for general training; there is no relationship between risk attitudes and specific training. Thus, as expected, risk preferences matter more when skills are transferable – and workers have a vested interest in training outcomes – than when they are not. Finally, we provide evidence that the insurance benefits of training are concentrated among workers with uncertain employment relationships or limited access to public insurance schemes.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Auflage/Ausgabe: This version: November 4,2020
    Schriftenreihe: CEPA discussion papers ; No. 23
    Schlagworte: Human Capital Investment; Risk Preferences; Work-related Training
    Umfang: 1 Online-Ressource (35 Seiten, 609 KB)