Uncertainty about the future is an important determinant of well-being,especially in developing countries where financial markets and other market failures result in ineffective insurance mechanisms. However, separating the effects of future uncertainty from realised events, and then measuring...

Please see the CEP #ElectionEconomics report(Paper 1)and the Executive Summary (Paper 2) that cover all the election 2015 briefings, discussing the research evidence on 15 of the UK's key policy battlegrounds: immigration, austerity, real wages and living standards, productivity and business,...

The UK's main political parties have all pledged to combat climate change whatever the result of the general election. Yet according to a new report from the CEP, much of the discussion is largely rhetoric, with limited focus on actionable policy commitments. The report's authors explain how UK...

Re 3 is pleased to publish the interviews with the winners of the FEEM Award conferred during the 2013 European Economic Association Congress at the University of Gothenburg, Sweden: Jonathan Colmer and Michele Piffer, London School of Economics, and Rosen Valchev , Duke University, with links...

Uncertainty about the future is an important determinant of well-being, especially in developing countries where financial markets and other market failures result in ineffective insurance mechanisms. However, separating the effects of future uncertainty from realised events, and then measuring...

How does future income uncertainty affect child labour and human capital accumulation? Using a unique panel dataset, we examine the effect of changes in climate variability on the allocation of time among child labour activities (the intensive margin) as well as participation in education and...

How does future income uncertainty affect child labour and human capital accumulation? Using a unique panel dataset, we examine the effect of changes in climate variability on the allocation of time among child labour activities(the intensive margin) as well as participation in education and...

This paper applies optimal sharing rules to a coalition formation game with positive externalities, demonstrating the effectiveness of well-designed transfer schemes in improving outcomes for participation in International Environmental Agreements. A numerical exercise is conducted, providing...

Using a household panel data set in rural Ethiopia combined with a new data set containing daily atmospheric parameters, we are able to show that increased climate variability reduces the level of a farmer�s subjective assessment of their individual well-being. Resulting from the impact...

According to national accounts data, value added per worker is much higher in the non-agricultural sector than in agriculture in the typical country, and particularly so in developing countries. Taken at face value, this "agricultural productivity gap" suggests that labor is greatly misallocated...