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"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....
Persistent link: https://www.econbiz.de/10011394114
"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...
Persistent link: https://www.econbiz.de/10011394173
"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...
Persistent link: https://www.econbiz.de/10010522875
"Preliminary evidence suggests that the rates of return to education in Venezuela have been declining since the 1970s. Patrinos and Sakellariou rigorously estimate the returns to education in Venezuela for the period 1992-2002 and link them to earlier available estimates from the 1980s. They use...
Persistent link: https://www.econbiz.de/10010522876
This country note briefly summarizes information relevant to both climate change and agriculture in Venezuela, with focus on policy developments (including action plans and programs) and institutional make-up. Like most countries in Latin America, Venezuela has submitted one national...
Persistent link: https://www.econbiz.de/10012554586
This report draws on limited, available data to analyze selected economic, and social issues, which include better understanding of poverty, and inequality in relation to real income, and, improving the allocation of social expenditures, while increasing the effectiveness of social programs. The...
Persistent link: https://www.econbiz.de/10012558583