We evaluate policies to increase prosocial behavior using a field experiment with 1,500 referees at the Journal of Public Economics. We randomly assign referees to four groups: a control group with a six week deadline to submit a referee report, a group with a four week deadline, a cash...

Facing risk, people take precautions by insuring themselves through both formal and informal insurance channels. But are private savings merely an inferior, dominated alterna- tive to formal insurance schemes, or are the two options mutual substitutes? To answer this question, we exploit that a...

Would the value of unemployment insurance fall if more people had a buffer stock of liquid savings? Using quasi-experimental evidence from the unexpected introduction of home equity loans in Denmark, where public unemployment insurance is voluntary, we find that liquidity and insurance are...

This paper examines the empirical question of whether subjects? static choices among rewards received at different times are influenced by their expected income levels at those times. Moreover, we recover time preferences after compensating for possible income effects. Besides eliciting...