This note applies tools from the stochastic dominance literature on poverty to environmental data in order to test in a robust way whether over-consumption and thereby depletion of natural resources is increasing over time. The method is illustrated with country data on per capita CO2 emissions.

We analyze the effect of stochastic survival of children on fertility decision in a dynastic utility model where saving, so to speak, can only be made through having children, the number of which is an endogenous decision to the household. In our stochastic framework where the rate of population...

Income variablity is likely to increase wage inequality if poorer households are more vulnerable to shocks. Using a simple method to estimate risk-adjusted measures of wage inequality and data from Mexico, this note shows that safety nets could offset a good part of the impact of risk aversion...

Income variablity is likely to increase wage inequality if poorer households are more vulnerable to shocks. Using a simple method to estimate risk-adjusted measures of wage inequality and data from Mexico, this note shows that safety nets could offset a good part of the impact of risk aversion...

We analyze the effect of stochastic survival of children on fertility decision in a dynastic utility model where saving, so to speak, can only be made through having children, the number of which is an endogenous decision to the household. In our stochastic framework where the rate of population...

This note applies tools from the stochastic dominance literature on poverty to environmental data in order to test in a robust way whether over-consumption and thereby depletion of natural resources is increasing over time. The method is illustrated with country data on per capita CO2 emissions.