This paper analyzes the link between young people's sense (locus) of control over their lives and their investments in education. We find that young people with a more internal locus of control have a higher probability of finishing secondary school and, conditional on completion, meeting the...

The paper examines whether there is any trade-off between child labour hours and child schooling outcomes. By drawing on Bangladesh National Child Labour Survey data, we find that children’s work, even in limited amounts, does adversely affect child human capital. This is reflected in reduced...

What did the Latin American economies achieve in the course of a hundred years and how has this affected standards of living? This comprehensive history examines the political and economic forces that have shaped Latin America's development process.Abstract: Esta historia económica revisa las...

Cross-country studies have found a negative relationship between income inequality and economic growth. The main problem with the cross-country analyses is the poor quality of the data on income distribution. This paper tests the robustness of the cross-country results to the use of a more...

What did the Latin American economies achieve in the course of a hundred years and how has this affected standards of living? This comprehensive history examines the political and economic forces that have shaped Latin America's development process.Abstract: Esta historia económica revisa las...