IZA - All published DPs

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No. Author(s) Title JEL Class.
17521 Solomon Polachek
Kenneth Romano
Ozlem Tonguc
Homo-Silicus: Not (Yet) a Good Imitator of Homo Sapiens or Homo Economicus
Do large language models (LLMs)—such as ChatGPT 3.5, ChatGPT 4.0, and Google's Gemini 1.0 Pro—simulate human behavior in the context of the Prisoner's Dilemma (PD) game with varying stake sizes? This ...
(forthcoming in: Journal of the Economic Science Association)
D01, C72, C90
17516 Nick Drydakis
Small Enterprises' Digital Competencies and Financial Performance
In the contemporary business landscape, digital competencies have become a crucial factor for small enterprises to remain competitive and thrive. The present study examines how a business ...
(published in: V. Aranitou, A. Angelakis, and M. Manioudis (eds), The Economic Impact of Small and Medium-Sized Enterprises Analytical Approaches to Growth and Innovation Challenges Amid Crises in Europe, Palgrave Macmillan, London, 2025, 55–68)
D25, O14, M53
17509 Alicia De Quinto
Libertad González
The Short- and Long-Term Effects of Family-Friendly Policies on Mothers' Employment
Countries often encourage part-time work among new parents as part of their family policies, aiming to foster mothers' labor market attachment. However, this approach may unintentionally impede ...
(published in: Labour Economics, 2025, 92, 102672)
J08, J13, J16, J18
17506 Oded Stark
Lukasz Balbus
Altruistic Giving and Risk Taking in Human Affairs
The purpose of this paper is to provide a general proposition of the relationship between altruism and risk taking. As explained in the body of the paper, we diverge from a result reported in Stark ...
(published in: Social Choice and Welfare, 2025, 64, 373–392)
D01, D64, D81, G41
17499 Désirée I. Christofzik
Angela Fuest
Robin Jessen
Macroeconomic Effects of the Anticipation and Implementation of Tax Changes in Germany: Evidence from a Narrative Account
This paper quantifies the dynamic macroeconomic effects of tax changes in Germany, allowing for anticipation effects of preannounced tax reforms. Identification is achieved using a narrative ...
(published in: Economica, 2022, 89 (353), 62-81.)
H20, H30, E32, E62
17498 Robin Jessen
Johannes König
Hours Risk and Wage Risk: Repercussions over the Life-Cycle
We decompose earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to ...
(published in: Scandinavian Journal of Economics, 2023, 125( 4), 956–996.)
D31, J22, J31
17492 Xueying Liu
Zhong Zhao
Does Social Pension Insurance Increase the Efficiency of Household Financial Portfolios?
This study investigates the impact of social pension insurance on the efficiency of household financial portfolios, utilizing data from the 2019 wave of the China Household Finance Survey. Our ...
(published in: Finance Research Letters, 2025, 81, 107323)
G59, J24, I28
17490 Joan Costa-Font
Cristina Vilaplana-Prieto
The Hidden Value of Adult Informal Care in Europe
The hidden value of adult informal care (IC) refers to the unaccounted value of informal care in overall costs of long-term care (LTC) estimates. This paper estimates the net value of adult IC in ...
(published in: Health Economics, 2025, 34 (4), 791-812)
I18, J17, J18
17483 Stephen Machin
Matteo Sandi
Crime and Education
Research studying connections between crime and education is a prominent aspect of the big increase of publication and research interest in the economics of crime field. This work demonstrates a ...
(published online in: Annual Review of Economics, 4 April 2025)
K42
17482 Arnaud Natal
Christophe Jalil Nordman
Psychology of Debt in Rural South India
The relationship between personal debt and cognition has received limited attention, especially, in developing countries. This study focuses on India and examines the relationship between Big Five ...
(published in: Journal of Development Studies, 2025, 61 (7), 1042 - 1057)
D14, D91, G51, O1
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