This paper uses normalized constant elasticity of substitution production functions to estimate the elasticity of substitution and labour-augmenting technical change in South Africa over the period 1994-2012. We find elasticities of 0.6-0.9 and positive labour-augmenting technical change, which...

Although development generally refers to a broad concept, the quest for development in Sub-Saharan Africa has been biased by ideological considerations which made abstraction of local conditions and people's aspirations. The prevalent development models have used increased national income as a...

The present paper sheds new light on the growth implications of gender inequalities in the Moroccan labour market. We confront two different approaches. The first one is based on firm data to estimate gender complementarity in production and uses this information for simulations based on a...

The aim of this paper is to expand our knowledge on risk aversion among the poor by conducting experiments that do not only test risk aversion in small and large stakes but also in risky gains and risky losses. To our knowledge, this is the first attempt to conduct experiments in poor...

In this paper we argue that the recent evidence on individuals' decision making is of high relevance for the measurement of poverty when switching from a static and certain to a dynamic and uncertain framework. The numerous proposed measures of multi-period poverty and vulnerability have until...

How jobseekers set their earnings expectations is central to job search models. To study this process, we track the evolution of own-earnings forecasts over 18 months for a representative panel of university-leavers in Mozambique and estimate the impact of a wage information intervention. We...

Inaccurate expectations of future wages are found in many contexts. Yet, existing studies overwhelmingly refer to high-income countries, and there is little evidence regarding the sources of expectational errors. Based on a longitudinal survey of graduates from the six largest universities in...

This paper analyses the pattern and determinants of income risk and expectation in rural India. It uses unique primary survey data eliciting subjective income distribution from households in twelve villages in Bihar. It finds that expected future income is significantly and positively associated...

In high HIV-prevalence contexts, marriage can lead to significant risks through spousal behaviours. Yet, individuals cannot rely on their spouse to reveal their HIV status. Couples' HIV testing and counselling can provide spouses with credible information about each other's HIV status. Using...

Students' expectations about their future wages are established in the literature as relevant determinants of the choices made for education progression and, at the university level, for the area and course to be studied. In this paper, the first comparable analysis in sub-Saharan Africa, we...