The endowment effect, the tendency to value possessions more than non-possessions, is a well-known departure from rational choice and has been replicated in numerous settings. We investigate the universality of the endowment effect, its evolutionary significance, and its dependence on environmental factors. We experimentally test for the endowment effect in an isolated and evolutionarily releva...

We show that pregnant women whose first clinic visit coincides with the nurse’s attendance are 58 percentage points more likely to test for HIV and 46 percent more likely to deliver in a hospital. Furthermore, women with high pretest expectations of being HIV positive, whose visit coincides with nurse attendance, are 25 and 7.4 percentage points more likely to deliver in a hospital and receive ...

Transition economies have an initial condition of high human capital relative to GDP per capita. But they will not necessarily realize their latent high growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of their family backgrounds and invest substantially in their own human capital. At a bad equilibrium, past educational ach...

© A m Abstract: Very little is understood about how immigrants affect the happiness, or subjective well-being of natives. We use the European Social Survey to analyze the effects of aggregate immigration flows on the subjective well-being of native-born populations in a panel of 26 countries between 2002 and 2010. We find that recent immigrant flows have a nonlinear, yet overall positive impact...

European Union enlargement and the commitment to the free movement of labour within the Union raises the possibility of a substantial East-West wave of migration. This paper addresses three separate issues: first, the economic impact on host and donor countries of migration from a less developed Eastern region to more developed Western region. Here there are, in turn, two aspects: the short-run...

Using meta-analytical techniques, we focus on 11 studies that explicitly measure the effect of a net migration variable in neoclassical convergence models and derive 57 comparable effect sizes. The data suggest that an increase in the net migration rate of one percentage point increases on average the GDP per capita growth rate by 0.13 percent, thus suggesting a net migration impact that is mor...

Do transitory economic shocks affect neonatal outcomes? I show that an unexpected, monthlong blackout in Tanzania caused a sharp but temporary drop in work hours for workers in electricity-dependent jobs. Using records from a maternity ward, I document a reduction in birth weights for children exposed in utero to the blackout, and an increase in the probability of low birth weight. The reductio...

We report an experiment in 3,000 villages that tested whether incentives improve aid efficacy. Villages received block grants for maternal and child health and education that incorporated relative performance incentives. Subdistricts were randomized into incentives, an otherwise identical program without incentives, or control. Incentives initially improved preventative health indicators, parti...

This paper investigates whether academic peer quality in colleges reduces social distance between castes in India by examining academic peer effects across castes. Using cutoff based admission rules and a unique data set linking admission data to college exit exam scores; I find that the better quality of high-caste students has a negative effect on the performance of the low-caste students. Th...

This research analyses through the use of instrumental variables estimation whether democracy has an effect on variables belonging to three different categories: fiscal policy, inequality in income distribution and political instability. It shows there is no stable relation between democracy and fiscal policy variables between countries of the sample in the 1978-1988 period. Democracy, on the o...