Locus of control and Human Capital Investment Decisions: The Role of Effort, Parental Preferences and Financial Constraints
We study the relationship between locus of control (LoC) and human capital investment decisions in the adolescence, using PDS lasso to exploit high-dimensional data. While LoC is not significantly associated with graduation from high school once we use exogenous controls, it correlates strongly with dropout age and college attendance even if we take into account […]
Rearranging the Desk Chairs: A large randomized field experiment on the effects of close contact on interethnic relations
Contact theory and conflict theory offer sharply conflicting predictions about the effects of interethnic exposure on prejudice. Contact theory predicts that close collaborative contact under conditions of equal status causes a reduction in inter-ethnic prejudice. By contrast, conflict theory predicts that shallow or competitive exposure causes an increase in inter-ethnic antipathy. Both theories are backed […]
Proximity Can Induce Diverse Friendships: A Large Randomized Classroom Experiment
Can outside interventions foster socio-culturally diverse friendships? We executed a large field experiment that randomized the seating charts of 182 primary-school classrooms (N=2,996 students) for the duration of one semester. We found that being seated next to each other increased the probability of a mutual friendship from 15% to 22% on average. Furthermore, induced proximity […]
Split realities – dilemmas of rural/gastro tourism in territorial development
This article explores dilemmas, problems and success factors of rural tourism and gentrification in the context of territorial development through two Hungarian case studies. A new analytical approach is developed, based on parallel perspectives in economic, social and cultural dimensions, often becoming split realities, leading to problems in setting objectives, forming development strategies or communication […]
Termékválaszték és termelékenység
A vállalati kapcsolt mérleg és partner- és termékszintű külkereskedelmi adatok segítségével lehet megvizsgálni azt, hogy milyen összefüggés van a vállalati termékválaszték és a vállalati termelékenység, valamint a vállalat egyéb jellemzői között, mint például a méret vagy a külföldi tulajdon aránya. A külkereskedelmi adatok alapján levonható következtetéseket egészítik ki a termelési és belföldi értékesítési adatokkal végzett […]
A kockázati- és magántőke-ágazat szerepe a gazdaságban
A kockázati- és magántőke-finanszírozás az elmúlt évtizedekben világszerte fontos mechanizmusává vált a cégek fejlesztésének és radikális átalakításának. Ennek ellenére a kockázati és magántőkeipar csak viszonylag kis hányadát fedi le a vállalatok finanszírozásához kapcsolódó gazdasági tevékenységnek. A kockázati- és magántőke két területe, a klasszikus kockázati tőke és a kivásárlás gyökeresen eltérő helyzetű cégek finanszírozásában játszik kulcsszerepet. […]
The evolution of the relationship between delay of gratification and socioeconomic status during COVID-19-induced online education
We show the evolution of the delay of gratification (DG) of 951 students aged 10-14 years old during COVID-19-induced home-based online education by exploiting data from two waves of voluntary online surveys. Students with the highest socioeconomic status (SES) experienced a marginally significant absolute increase in DG, opening up a relative advantage between low- and […]
Cheating in primary school: Experimental evidence on ego-depletion and individual factors
We contribute to the experimental literature on primary school students’ cheating behavior by studying i) how cheating is influenced by ego depletion; ii) how it correlates with different individual factors. We carried out a large-scale, pre-registered experiment in the field of 28 Hungarian primary schools (126 classrooms) on a voluntary subsample of 1,143 students at […]
Industry dynamics and high-growth firms’ contribution to productivity growth
This paper investigates the contribution of high-growth firms (HGFs) to aggregate productivity growth. Four stylized facts emerge. First, HGFs mainly contribute to productivity growth during their high-growth phase but not afterwards. Second, their contribution varies substantially across industries and it is not necessarily positive. Third, the impact on productivity depends on how HGFs are defined. […]
A nők munkaerőpiaci helyzete a visegrádi országokban
A V4 országokban a nyugati és északi országokhoz viszonyítva a nők és anyák foglalkoztatottsági aránya alacsonyabb. A 0–2 éves korú gyermeket nevelő anyák foglalkoztatottsági aránya – Lengyelország kivételével – különösen alacsony. A munka-család egyensúly mutatói és a nemek közötti bérkülönbségek tekintetében szintén gyenge teljesítmény mutatkozik. A V4 országokban az anyák rossz munkaerőpiaci helyzete a nemzeti […]
The Labor Market Situation of Women in the Visegrad Countries
The Visegrad 4 countries are characterized by low female and maternal employment rates compared to other Western and Nordic countries. Employment rates of mothers with children aged 0-2 years old are especially low, except in Poland. Work-family balance indicators and gender wage gaps are also unfavorable. The poor labor market situation of mothers in V4 […]
The gender-dependent structure of wages in Hungary: results using machine learning techniques
This paper reports the results of a Blinder-Oaxaca style decomposition analysis on Hungarian matched employer-employee data to study the gender pay-gap. We carry out the decomposition by Random Forest regressions. The raw gap in our horizon (2008-2016) is increasing, but we find that the wage structure effects are rather stable, thus the rise in the […]