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on Neuroeconomics |
| By: | Bergschneider, Henrik; Kottmann, Robin; Schmitz, Hendrik; Westphal, Matthias |
| Abstract: | We study the effects of retirement on cognitive functioning among women aged 63 to 67 by exploiting a German retirement reform that raised the early retirement age for women born after 1951 by three years, from 60 to 63. Our indicators of cognitive functioning are experimental measures (word recall, semantic fluency, and the Stroop test) from a large biomedical data set, as well as the diagnosis of cognitive disorders from administrative health insurance claims. We find reductions of around 12% of a standard deviation per year in retirement for measures of fluid intelligence and of an insignificant 6% for crystallized intelligence. The diagnosis of cognitive disorders remains unaffected. |
| Abstract: | Wir untersuchen die Auswirkungen des Ruhestands auf die kognitiven Fähigkeiten von Frauen im Alter von 63 bis 67 Jahren, indem wir eine deutsche Rentenreform nutzen, die das Frührenteneintrittsalter für Frauen, die nach 1951 geboren wurden, um drei Jahre, von 60 auf 63 Jahre, anhob. Unsere Indikatoren für die kognitive Leistungsfähigkeit sind experimentelle Messwerte (Tests zu Worterinnerung, semantischer Wortflüssigkeit und zum Stroop Effekt) aus einem großen biomedizinischen Datensatz sowie die Diagnose kognitiver Erkrankungen aus administrativen Krankenversicherungsdaten. Als Ergebnis finden wir eine Reduktion von etwa 12% einer Standardabweichung pro Jahr im Ruhestand für Maße der fluiden Intelligenz und eine insignifikante Reduktion von 6% für kristalline Intelligenz. Die Diagnose von kognitiven Erkrankungen bleibt davon unberührt. |
| Keywords: | Cognitive abilities, retirement, pension reform |
| JEL: | C31 J14 J24 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:rwirep:311302 |
| By: | Claire Boutoleau-Bretonnière (CHU Nantes - Centre Hospitalier Universitaire de Nantes = Nantes University Hospital); Dimitrios Kapogiannis (NIH - National Institutes of Health [Bethesda, MD, USA]); Mohamad El Haj (LPPL - Laboratoire de Psychologie des Pays de la Loire - UA - Université d'Angers - Nantes Univ - UFR LL - Nantes Université - UFR Lettres et Langages - Nantes Université - pôle Humanités - Nantes Univ - Nantes Université) |
| Abstract: | Financial decision making requires trading off between guaranteed and probabilistic outcomes and between immediate and delayed ones. While research has demonstrating that patients with behavioral-variant frontotemporal dementia (bvFTD) prefer immediate rewards at the expense of future ones (i.e., temporal discounting), little is known about how patients choose between smaller, guaranteed, and larger, but probabilistic, outcomes (i.e., probabilistic discounting). We thus investigated probabilistic discounting by invited 18 patients with bvFTD and 20 control participants to choose between fixed smaller monetary amounts and a fixed larger monetary amount with a variated probability of occurrence (e.g., "Would you rather have 40€ for sure or a 20% chance of winning 100€?"). Results demonstrated lower scores, indicating higher risk tolerance, on the probabilistic discounting task in patients with bvFTD (while impulsively choosing more immediate rewards on the temporal discounting task) compared to control participants. Probabilistic discounting was significantly correlated with a decline in general cognitive performance in patients with bvFTD. When dealing between smaller, guaranteed, and larger, but probabilistic, rewards, patients with bvFTD tend to prefer guaranteed rewards and discount the uncertain ones. |
| Keywords: | Behavioral-variant frontotemporal dementia, Frontotemporal dementia, Decision making, Probabilistic discounting, Temporal discounting |
| Date: | 2023–12–22 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04914242 |
| By: | Allemand, Mathias; Kirchberger, Martina; Sveta Milusheva; Newman, Carol Frances; Roberts, Brent; Thorne, Vincent |
| Abstract: | Despite extensive evidence on the importance of non-cognitive skills for labor market outcomes, to what extent training can affect specific skills in adulthood remains an open question. This paper conducts a randomized controlled trial with low-skilled employed workers in Senegal where workers were randomly assigned to receive a training intervention designed to affect conscientiousness-related skills. The study found that treated workers were significantly more likely to stay in their job and had higher earnings nine months after the intervention. The findings suggest that non-cognitive skills can be affected later in the life cycle and targeted training can have substantial labor market returns. |
| Date: | 2023–03–27 |
| URL: | https://d.repec.org/n?u=RePEc:wbk:wbrwps:10378 |
| By: | Christophe Haag (EM - EMLyon Business School); Lisa Bellinghausen; Clément Poirier (LaPEA - UMR_T 7708 - Laboratoire de Psychologie et d’Ergonomie Appliquées - UPCité - Université Paris Cité - Université Gustave Eiffel) |
| Abstract: | Few studies have examined emotional intelligence (EI) following a person-centered approach to identify different types of EI profiles and their relationship to everyday life outcomes. Even rarer are those using an "ability" approach of EI (AEI) and related "performance-based" tests, which are considered promising. This study fills this gap by identifying AEI profiles and linking them to everyday outcomes such as health, wellbeing, and decision-making. The QEg ("QE" for Emotional Quotient - Quotient Emotional in French - and "g" for the general population), an ability-based measure of EI, along with other measures, was administered to 2, 877 French adults. We then ran latent profile analysis (LPA) and identified three latent profiles within a heterogeneous population. The full emotion processing (FEP) profile outperforms the two others on key domains of life such as stress perception, home-work interaction, gratitude and satisfaction with life, emotional burnout prevention, and decision-making. Our research reveals the need for individualized AEI training programs tailored to three distinct profiles, addressing foundational skills for those with minimal or partial emotional processing while refining existing strengths for those with full emotional processing. Targeting interventions to specific profile characteristics could enhance the effectiveness of AEI training and promote improved wellbeing and life outcomes. |
| Keywords: | ability emotional intelligence (AEI), LPA, life outcomes, well-being, decision-making, health, gratitude, emotional intelligence assessment |
| Date: | 2025–02–07 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04964897 |
| By: | Borgbjerg, Anne Katrine (Aarhus University); Agerbo, Esben (Aarhus University); Datta Gupta, Nabanita (Aarhus University); Halliday, Timothy J. (University of Hawaii at Manoa) |
| Abstract: | We analyze administrative and genetic data from over 200, 000 Danes to study the effects of genetic risk for Alzheimer's Disease (AD) on labor market outcomes. Higher AD genetic risk increases dementia diagnoses and GP visits for both genders. Among women aged 45–65, it reduces labor participation and raises disability pension uptake, especially near retirement. These effects weaken for women with high polygenic scores for education. For men, AD genetic risk shows no employment impact. These gender differences align with evidence that AD genetic markers are more predictive in women. |
| Keywords: | Alzheimer's Disease, labor supply, genoeconomics |
| JEL: | I14 J14 J22 |
| Date: | 2025–02 |
| URL: | https://d.repec.org/n?u=RePEc:iza:izadps:dp17714 |