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Healthy food choices are a canonical example used to illustrate the importance of time preferences in behavioral economics. However, the literature lacks a direct demonstration that they are well-predicted by incentivized time preference measures. We offer direct evidence by combining a novel,...
Persistent link: https://www.econbiz.de/10014372483
Families in poverty face numerous barriers to establishing stable economic footing. This paper examines the effect of a holistic, individualized wrap-around service intervention on outcomes for low-income individuals. The intervention includes a detailed assessment, an individualized service...
Persistent link: https://www.econbiz.de/10014226189
Do jobs and income-transfer programs affect crime? The answer depends on why one is asking the question, which shapes what one means by "crime." Many studies focus on understanding why overall crime rates vary across people, places, and time; since 80% of all crimes are property offenses, that's...
Persistent link: https://www.econbiz.de/10014528337
How quickly does marginal utility fall with increasing consumption? It depends on the dimension along which we consider concavity of the utility function. This paper estimates the distribution of heterogeneous curvature parameters in individuals' utility functions from hypothetical choice data,...
Persistent link: https://www.econbiz.de/10014468277
Pareto Efficiency is a core assumption of most models of household decision-making. We test this assumption using a new dataset covering the retirement saving contributions of over a million U.S. individuals. While a vast literature has failed to reject household efficiency in developed...
Persistent link: https://www.econbiz.de/10014250212
Despite the well-established importance of verbal engagement for infant language and cognitive development, many parents in low-income contexts do not converse with their infants regularly. We report on a randomized field experiment evaluating a low-cost intervention that aims to raise verbal...
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