This paper investigates the relationship between heterogeneous social preferences and charitable giving under alternative prices of giving and types of subsidies (matching and rebates). We compare within-person decision-making in alternative contexts to determine whether there is carry over in...

This study evaluates people’s concerns for distributive fairness (equality of outcomes and payoffs to those worse-off) and reciprocal fairness (receiving what one is due based on one’s past actions) utilizing dictator, ultimatum, and trust games. In the dictator games we classify...

This paper incorporates compassion into social preferences and tracks individuals' choices over ten allocation decisions, categorizing participants' behavior more precisely than previous work. We provide important evidence relevant to the on-going debate as to whether social preferences are...

Este estudio utiliza los VAR estructurales para evaluar la importancia relativa de las fuentes domésticos y externas de la variación en la producción y en los precios en México y en Colombia. La tasa de cambio real y el precio de exportaciones de los artículos básicos tienen un gran...

Este documento estudia los efectos de la política monetaria bajo el régimen de minidevaluaciones en Colombia. En el artículo se emplean las pruebas de causalidad de Granfer, la descomposición de varianza y las funciones impulso - repuesta de los vectores autorregresivos (VAR).

This paper uses economic experiments to compare altruistic behavior before and immediately after the terrorist attacks. Before September 11 the authors had conducted dictator games in which students were given the option of donating their earnings from the experiment to the American Red Cross....

Recent research on the International Monetary Fund has focused on the adoption, implementation and impact of their lending programs and their political dimensions. This paper evaluates this literature and suggests promising areas of future work. The first area to be surveyed deals with the...

This paper presents a model of the implementation of IMF programs, which is empirically tested with data from the period 1975-99. The IMF and the borrowing country are shown to have asymmetric evaluations of a program?s discounted benefits, due to differences in the measurement of the benefits,...

This paper evaluates the literature on the lending programs of the IMF. The first section deals with the initiation of a Fund program, which has been shown to be influenced by political and institutional variables. A second focus of research analyzes the design and implementation of Fund...

This paper uses a fixed-effects model to analyze the effect of IMF programs on poverty with data from 82 countries during 1985 to 2000. Two indicators of poverty, infant mortality rates and the Human Development Index (HDI), are utilized, and the effects of the IMF's concessionary and...