In 2012 the Programme for International Student Assessment (PISA), for the first time in the history of large-scale assessments, included a new type of problems called “interactive problems”. This article will analyze the problems. The research area behind it is the psychology of complex...

Biased longevity expectations will lead to suboptimal decisions regarding saving, retirement, annuitization and health, with consequences for wellbeing in old age. Systematic differences in the accuracy of longevity expectations may partly explain heterogeneity in economic behaviour by education...

Health at birth is an important indicator of human capital development over the life course. This paper uses longitudinal data from the Young Lives survey and employs instrumental variable regression models to estimate the effect of birth weight on cognitive development during childhood in...