The lottery of birth draws some children into deprived environments and others into environments where they thrive. In a field experiment in rural India with 10-20 months old children we test two scalable interventions to reduce early disadvantages in health and mental development. We distribute...

Existing estimates of the 'tock of missing women' suggest that the problem is mostly concentrated in South and East Asia, and often related to sex-selective abortions and postbirth neglect of female children. In contrast, estimates of yearly excess female deaths, referred to as the 'flow of...

Stock estimates' of missing women suggest that the problem is concentrated in South and East Asia and among young children. In contrast, `flow estimates' suggest that gender bias in mortality is much larger, is as severe among adults as it is among children in India and China, and is larger in...

Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...

Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...