This paper develops a simple model with credit rationing and endogenous default risk in which the expectation of a bailout may lead to a financial sector which is too large with respect to the the social optimum. The paper concludes with a short discussion of how this model could be used as a...

Using unique village census data collected in 2003 and 2008 in Senegal, we assess the impact of a major World Bank-funded Community Driven Development (CDD) program on membership and assortative matching in community-based organizations (CBOs). We implement both standard discrete choice and...

This paper tests the generalized Trivers Willard hypothesis, which predicts that parents with heritable traits that increase the relative reproductive success of males compared to females will have relatively more males than females. As in Kanazawa (2005) we test if taller mothers have...