Influencing and being influenced by others is the very essence of human behaviour. We put forward an exploratory asset-pricing model allowing for social influence on investor judgments under ambiguity. The time series of returns generated by our model displays volatility clustering, a puzzling...

Using a sufficiently long-spanning longitudinal dataset, we estimate the short and long term effects of maternal and paternal death on childrens school enrollment, educational attainment, and health in Indonesia, then compare them to the effect of chronic poverty. We also investigate whether...

In March and October 2005, the Government of Indonesia reduced fuel subsidy and allocated part of the funds to the BOS (Bantuan Operasional Sekolah-School Operational Assistance) Program, which commenced in July 2005. This program is provided for schools at the primary and junior high school...

Urban poverty, which is distinct from rural poverty due to demographic, economic and political aspects remain hitherto unexplored, at the city level in Pakistan. We have examined the determinants of urban poverty in Sargodha, a medium-size city of Pakistan. The analysis is based on the survey of...

Is household income enough for human development or should government direct resources towards the provision of social services to improve capabilities of individuals? The former is emphasised by the World Bank, and the latter by the United Nation Development Programme (UNDP). This paper tests...

Using a sufficiently long-spanning longitudinal dataset, we estimate the short and long term effects of maternal and paternal death on childrens school enrollment, educational attainment, and health in Indonesia, then compare them to the effect of chronic poverty. We also investigate whether...

This study provides an overview of inequality in Indonesia for the period of 1984 to 2002 using several widely used measurements of inequality. Firstly, unlike previous studies, our paper uses real consumption expenditure that takes into account the high regional price disparity across regions...

Indian agriculture today is under a large crisis. An average farmer households returns from cultivation would be around one thousand rupees per month. The incomes are inadequate and the farmer is not in a position to address the multitude of risks : weather, credit, market and technology among...

The study proposes an alternative means to the present manner of identifying eligible Philhealth beneficiaries through the use of three criteria, namely : income, ownership of assets and socioeconomic characteristics, and electricity consumption. The information/data gathered in evaluating the...

Prevalence rate of chronic energy deficiency (CED) is used as a measure of (adult) nutrition and health status for any region or country. That these rates in India have been rather high particularly for women is a matter of concern. As Floud (1992) and Fogel (1997) have shown, among several...