There is a long-standing debate in labour economics on the impact of workers’ intrinsic motivations on equilibrium wages. One direction in economic theory suggests that intrinsically motivated workers are willing to accept lower wages and “donate” work, for example, in terms of unpaid...

The poor in developing countries are the most exposed to natural catastrophes and microfinance organizations may potentially ease their economic recovery. Yet, no evidence on MFIs strategies after natural disasters exists. We aim to fill this gap with a database which merges bank records of...

Natural disasters have been shown to produce effects on social capital, risk and time preferences of victims. We run experiments on altruistic, time and risk preferences on a sample of Sri Lankan microfinance borrowers affected/unaffected by the tsunami shock in 2004 at a 7-year distance from...

In Italy social enterprises include more than 7,000 institutions with around 250,000 workers serving more than three million people, a big share of which disadvantaged. Using the ICSI 2007 survey conducted by a pool of Italian universities on a representative sample of social enterprises, we...

In our empirical analysis of wage differentials in a sample of workers in the cooperative not for profit sector we find that, consistently with the donative-labor hypothesis, more intrinsically motivated workers “donate more work” (unpaid overtime, arrear holidays) but are also more...

The poor in developing countries are the most exposed to natural catastrophes and microfinance organizations may potentially ease their economic recovery. Yet, no evidence on MFIs strategies after natural disasters exists. We aim to fill this gap with a database which merges bank records of...

We extend the happiness literature on the welfare costs of inflation and unemployment by looking at age and job market characteristics. Our findings show that the relative welfare cost of unemployment versus inflation is higher than one, and much higher in intermediate age cohorts and in low job...

We evaluate the impact of affiliation to Fair Trade on a sample of Chilean honey producers. Evidence from standard regressions and propensity score matching shows that affiliated farmers have higher productivity (income from honey per worked hour) than the control sample. Additional results on...

Previous studies have analyzed the (aggregate) effects of unemployment on attitudes towards immigrants and on right-wing crimes. In this paper, we investigate the effects of economic prosperity on attitudes towards immigrants, focusing not only on unemployment status but also on real household...

Research on the nexus between life satisfaction and income has looked at lottery winners or postcommunism transition to document that exogenous changes in income generate effects of the same sign on happiness. In this paper we consider the unfortunate tsunami event as a negative lottery and...