This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...

This paper investigates the impact of the public smoking ban which came into effect in Italy on January 2005 on individual smoking behaviour. Current empirical evidence supports the existence of a negative effect of the Italian ban on smoking prevalence and consumption in the general population....

This study analyzes the marriage-market aspects of season of birth in the United States, estimating whether and how marital status is related to quarter of birth by gender and race, also incorporating cohabitation as a separate relationship status. For couples, additional analysis considers who...

We study the determinants of season of birth of the first child, for white married women aged 25-45 in the US, using birth certificate and Census data. We also analyze stated preferences for season of birth using our own Amazon Mechanical Turk survey.The prevalence of quarters 2 and 3 is...

Seasonal pollen allergies affect approximately 1 in 5 school age children. Clinical research has established that these allergies result in large and consistent decrements in cognitive functioning, problem solving ability and speed, focus and energy. However, the impact of seasonal allergies on...

The paper examines the motivations behind the important migration from Burkina Faso to Cote d'Ivoire, the economic pole in the West African Economic and Monetary Union. The paper uses a detailed household survey dataset on migration, natural resource management, risk management and solidarity...

We present cross-country evidence suggesting that agricultural credits have a positive impact on agricultural productivity. In particular, we find that doubling agricultural credits generates around 4-5 percent increase in agricultural productivity. We use two different agricultural production...

Agricultural credit is one of the most crucial inputs in all agricultural development programmes. Access of rural credit has still remained scarce in India. Primary Agriculture Credit Societies (PACS) working at grass-root level, having direct contact with the rural people and meet their...

A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy, lenders may charge higher interest rates or...

Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclear property rights and the lack of assets that can be used as collateral. This paper presents a...