We ask whether women’s decisions to be in the workforce may be affected by the decisions of other women in ways not captured by standard models. We develop a model that augments the simple neoclassical framework by introducing relative income concerns into women’s (or families’) utility functions. In this model, the entry of some women into paid employment can spur the entry of other women, ind...

This article examines the money incomes of the elderly and the nonelderly. The economic status of the elderly is put in perspective by discussing changes in real incomes since 1967 and the income of the elderly relative to the incomes of other age groups. Detailed age groups within both the elderly and nonelderly groups are examined. The article finds that the economic status of the elderly in ...

Of the 41 HIPCs, 11 are classified by the IMF and World Bank as conflict-affected. Can debt relief reduce the level of violent conflict in these countries? By providing additional resources to finance broad-based public spending, debt relief could help to redress the grievances that contribute to conflict. It could also reduce the ability of those motivated by greed to recruit followers, since ...

OBJECTIVE To compare playground hazards in high- and low-income neighborhoods. DESIGN Forty-five playgrounds were randomly selected from the 9 New York City community districts that met our study criteria and were divided into high-and low-income groups based on comparison to the median of the median incomes ($24452 per year) of the 9 districts. Playgrounds are maintained by the City of New Y...

There is a substantial debate over the direction of the causal relation between income and health. This is important for our understanding of the health production process and for the policy debate over improving healthcare. We instrument income with rainfall measurements by matching satellite information on timing and positioning of 21 rainfall stations to longitudinal data (1991-94) of over 4...

Measures of corruption and income are highly correlated across countries. We use prehistoric measures of biogeography as instruments for modern income levels. We find that our instrumented incomes explain the cross-country pattern of corruption just as well as do actual incomes. This result demonstrates that the long-run causality is entirely from income to corruption. Hence, there is a Corrupt...

Are the Neolithic revolution’s effects still impacting incomes across the world today? I find strong support for this proposition using new, country-specific estimates of the timing of agricultural transition. While support with my data is slightly weaker than with the coarser data of Hibbs and Olsson (2004), I provide evidence that the differences are due to how technological diffusion is acco...

A new generalized function space in which all Gelfand-Shilov classes S ′0 α (α > 1) of analytic functionals are embedded is introduced. This space of ultrafunctionals does not possess a natural nontrivial topology and cannot be obtained via duality from any test function space. A canonical isomorphism between the spaces of hyperfunctions and ultrafunctionals on R is constructed that extends the...

Observational studies support a neuroprotective role of hormone therapy (HT) in the perimenopause, with hippocampal size being a widely used biomarker. We investigated the effect of HT started before the onset of menopause and lasting for at least 3 years on hippocampal volume and shape in 80 postmenopausal women and 80 controls matched on age and intracranial volume taken from a large communit...