with public or philanthropic capital, whose aim is to de-risk private capital investments. The main element underlying both … returns, their risk is also lower. This suggests that the blending--and the corresponding de-risking of private capital--is an … important tool for improving the risk-return tradeoff of these projects, thereby increasing their appeal to private investors …

We distinguish the measure of risk aversion from the slope coefficient in the linear relationship between the mean … excess return on a stock index and its variance. Even when risk aversion is constant, the latter can vary significantly with …

competitive firm. We implement our recovery method in a purpose-built experiment. We quantitatively assess the trade-off between …

There are three primary measures of teaching performance: student test-based measures (i.e., value added), classroom … teachers' classrooms, prior research has largely focused on the validity of value-added measures. We conduct an experiment … involving 66 mathematics teachers in four school districts and test the validity of all three types of measures. Specifically …

The literature on skill formation and human capital development clearly demonstrates that early investment in children … examine the impact of investment between utero to 18 months of age on a range of parental and child outcomes. Using the … relatively short timeframe, yet continued investment may be required to observe direct effects on child development. While …