Functional data analysis applied to intertemporal choice data from 107 participants shows that subjective time deformation has a low-dimensional structure captured by three stable functional profiles not fully recovered by scalar discount rates or standard parametric models.
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Natural experiment from German reunification shows labor demand shock disperses hire quality and fails to boost female hires, converging to West German patterns, with simulations indicating higher quality for marginal female hires.
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Subjective Time Deformation in Intertemporal Choice: A Functional Data Analysis Approach
Functional data analysis applied to intertemporal choice data from 107 participants shows that subjective time deformation has a low-dimensional structure captured by three stable functional profiles not fully recovered by scalar discount rates or standard parametric models.
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A missed opportunity? Labor demand and workforce diversity
Natural experiment from German reunification shows labor demand shock disperses hire quality and fails to boost female hires, converging to West German patterns, with simulations indicating higher quality for marginal female hires.