According to basic models of sequential private value auctions of identical objects, consecutive prices are on average constant or rising. In empirical studies, prices are often found to decline. Several explanations have been put forward for this declining price anomaly. In this paper we...

In this paper we estimate the impact of road development on household welfare in rural Papua New Guinea over the period between 1996 and 2010, using two cross-sectional household surveys and corresponding road maps. To deal with endogenous placement of road infrastructure programs we employ a...

We evaluate, using a randomized trial, two school-based financial literacy education programs in government-run primary and junior high schools in Ghana. One program integrated financial and social education, whereas the second program only offered financial education. Both programs included a...

We evaluate, using a randomized trial, two school-based financial literacy education programs in government-run primary and junior high schools in Ghana. One program integrated financial and social education, whereas the second program only offered financial education. Both programs included a...

On the basis of the baseline data collected for the evaluation of the Bolivian Social Investment Fund (SIF) this paper assesses (1) the benefit incidence of the SIF and (2) the quality of the evaluation design. We find that the benefits in education are most equally distributed over the...

Every three years, Indonesia fields simultaneously two nationwide surveys which collect consumption data. Onecollects consumption using 23 questions, the other using 320 questions. Based on a repeated experiment inwhich the two questionnaires were randomly assigned across households, I examine...

This study explores global inequality in health status, and decomposes it into within- andbetween-country inequality. We rely on standardized height indicators as our health indicator sincethey avoid the measurement pitfalls of more traditional measures of health such as morbidity,mortality and...

Public action to prevent crime is often driven by concerns about public safety. But what generatesthose concerns ? ]s it crime, or something else ? Using survey data for Brazil, we find that thedesire for greater public safety has a positive own-income effect, but a negative neighborhood-income...

The Indonesian Healthcard program was implemented in response to the economiccrisis, which hit Indonesia in 1998, in order to preserve access to health care servicesfor the poor. The Healthcard provided the households with subsidised care at publichealth care providers, while the providers...

In this paper we estimate the impact of road development on household welfare in rural Papua New Guinea over the period between 1996 and 2010, using two cross-sectional household surveys and corresponding road maps. To deal with endogenous placement of road infrastructure programs we employ a...