This paper is the first of its kind to study utility interdependence in marriage using information on subjective well-being of a large sample of people living in the UK over the period 1991-2001. Using “residual” self-rated health to provide instrument for spouse’s well-being and allowing...

The causes of people’s political attitudes are largely unknown. We study this issue by exploiting longitudinal data on lottery winners. Comparing people before and after a lottery windfall, we show that winners tend to switch towards support for a right-wing political party and to become less...

This paper presents a World Bank led and Russia trust fund financed work program tomeasure financial capability and the effectiveness of financial education in low and middleincome countries. The two activities and their staging have been motivated by the lessons ofhigh-income countries with...