"The welfare state has today become a political cudgel used to assign blame for ballooning national debt and tout the need for personal responsibility. Despite objections, social insurance-from workers' compensation laws to pension, disability, and unemployment benefits, to healthcare and...

<EM>FOREWORD; </EM><STRONG>A. INTRODUCTION; </STRONG>Chapter 1 New Horizons; <STRONG>B. GLOBAL GROWTH, DEVELOPMENT and APPLICATIONS; </STRONG>Chapter 2 Drones -- Delivering value to the Economy; Chapter 3 Drones -- Healthcare, Humanitarian Efforts and Recreational Use; Chapter 4 Drones and Law Enforcement; Chapter 5 Maritime Uses of...</strong></strong></em>

"This paper proposes that individuals care about the relative income of proximate reference groups. Making use of self-reported life satisfaction as a proxy for unobservable utility, the relative income of siblings is tested for relevance as a reference point for new sample data from Venezuela....

"This program evaluation estimates the effects on standardized test scores of graduating from the Fe y Alegria private school system in Venezuela. The authors find an Average Treatment Effect on the order of 0.1 standard deviations (approximately 16 percent of the average score), using a control...

"Patrinos and Sakellariou use a nationally representative household survey to estimate returns to schooling in Venezuela from instrumental variables based on a supply-side intervention in the education market. These estimates apply to a subgroup of liquidity-constrained individuals, in the...