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October 2011 Blog Posts (2)

THE ROLE OF BEAUTY IN THE LABOR MARKET (By Philipp Kraft)

The present paper breaks new ground in labor economic research by providing direct evidence of potential discrimination among attractive and unattractive job candidates. It utilizes a field experiment, the so-called "CV testing approach" to determine discrimination in recruitment based on physical attractiveness. Two individuals who are equivalent on all required and desired job characteristics except their physical attractiveness, apply for the same vacancy. Application photos are used to… Continue

Added by Román Culebro Martínez on October 12, 2011 at 10:08pm — No Comments

TWITTER MOOD PREDICTS THE STOCK MARKET (By Mollen, Mao & Zeng)

Behavorial economics tell us that emotions can profoundly affect individual behavoir and decision-making. Does this also apply to societies at large, i.e. can societies experience mood states that affect their collective decision making? By extension is the public mood correlate or even predective of economic indicators? Here we investigate whether measumerents of collective mood states derived from large-scale Twitter feeds are correlated to the value of the Dow Jones Industrial Average…

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Added by Román Culebro Martínez on October 4, 2011 at 7:32pm — No Comments