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Full-Text Articles in Behavioral Economics
Heterogeneous Effects In The Prospects Of Upward Mobility Hypothesis: The Roles Of Risk And Political Beliefs., Nathaniel Badalov
Heterogeneous Effects In The Prospects Of Upward Mobility Hypothesis: The Roles Of Risk And Political Beliefs., Nathaniel Badalov
Theses and Dissertations
I test for heterogenous effects in the Prospects of Upward Mobility (POUM) hypothesis framework. This framework suggests that individuals who are poorer than average but expect to become richer than average support less redistribution. Using a survey of households in primarily transition economies - Life in Transition Survey (LiTS2) and ordered logistic regression, I test whether the POUM effect is influenced by the riskiness of the individual's environment or political beliefs. The results suggest that the POUM effect holds independent of the riskiness of the environment but is conditional on political beliefs. The prospects of upward mobility decrease redistributive support …
Causes And Consequences Of Risk Aversion In Middle Adulthood, Nataliya Rubinchik
Causes And Consequences Of Risk Aversion In Middle Adulthood, Nataliya Rubinchik
Theses and Dissertations
I analyze how risk aversion may affect decision-making over time, what effects risk aversion may have on decisions, and whether one’s level of risk aversion varies over time. I find that risk preferences correlate with certain maternal factors, income, depression, and ethnicity. Risk aversion correlates with financial and health decisions.