منابع مشابه
Entrepreneurship Does Pay∗
Existing evidence suggests that returns to entrepreneurship are low relative to the returns to wage work. These findings have been associated with non-pecuniary benefits, and more generally with heterogeneity in preferences, rationality or beliefs. In this paper I challenge this view. I extend the data and show that the differential in earnings is in fact U-shaped, with entrepreneurs earning mo...
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In Portugal, increases in investment expenditures and changes in the composition of spending favouring highly visible items are associated with higher vote percentages for incumbent mayors seeking re-election. The political payoff to opportunistic spending increased after democracy became well-established in the country. © 2007 Elsevier B.V. All rights reserved.
متن کاملDoes Portfolio Optimization Pay?
All HARA-utility investors with the same exponent invest in a single risky fund and the risk-free asset. In a continuous time-model stock proportions are proportional to the inverse local relative risk aversion of the investor (1/γ-rule). This paper analyses the conditions under which the optimal buy and hold-portfolio of a HARA-investor can be approximated by the optimal portfolio of an invest...
متن کاملDoes Pay Motivate Volunteers?
Volunteer work is an increasingly large, yet ill-understood sector of the economy. We show that monetary rewards undermine the intrinsic motivation of volunteers. A unique data set from Switzerland allows us to assess the effects of financial rewards on the effort put into volunteer work. There is a fairly standard pattern regarding the volunteers reaction e.g. to more labor market work hours. ...
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ژورنال
عنوان ژورنال: Journal of Chemical Education
سال: 1930
ISSN: 0021-9584,1938-1328
DOI: 10.1021/ed007p1936.1