Business cycle models often abstract from persistent household heterogeneity, despite its potentially significant implications for macroeconomic fluctuations and policy. We show empirically that the likelihood of being persistently financially constrained decreases with cognitive skills and...

We run an experiment on the impact of involvement and outcome favorability on the acceptance of collective decisions. It involves 763 students at the Poznan University of Economics and Management. The collective decision chooses one out of four projects to improve students' study conditions. We...

This paper explores the intergenerational effects of the 1997 compulsory schooling reform in Turkey, which extended compulsory schooling from five to eight years, on the developmental outcomes of children aged 36 to 59 months. We draw upon data from the 2018 Turkey Demographic and Health Survey,...