This paper empirically examines the behavioral precautionary saving hypothesis by Koszegi and Rabin (2009) stating that uncertainty about future income triggers saving because of loss aversion. We extend their theoretical analysis to also consider the internal margin, i.e., the strength, of loss...

This paper empirically examines the behavioral precautionary saving hypothesis that uncertainty about future income triggers an increase in saving because of loss aversion. Guided by the theoretical model of Koszegi and Rabin (2009), we first extend their theoretical analysis to also consider...

Most of the evidence regarding the association between air pollution and health comes from studies in the USA. Nevertheless, air pollution has become a concern also for local authorities of Latin-American cities and Bogotá, Colombia is no exception. This paper will develop a model to define a...

In Bogotá the 1991 reforms obstructed a market for votes. Clientelism lost itseffectiveness; citizens developed a vote of opinion and the city showed an outstanding performance in the provision of public goods and social services. This story is illustrated with a novel panel data at the...

As increased migration, particularly to urban centres, and digitalisation play a greater role in development cooperation, more research on how these phenomena interact will become critical. Information communication technologies (ICTs) offer pathways for potentially making it easier for migrants...