Many countries in the developing world have implemented old-age pensions. Evidence of the impact of such policies on the elderly in sub-Saharan Africa, however, is scarce. We provide evidence from a randomized evaluation of an unconditional old-age pension targeted at the elderly in Ekiti State,...

We report results from an incentivized lab-in-the-field experiment on delegation behavior among a sample of 64 Australian couples aged 60 years and above. Participants were required to complete a series of decision-making tasks, which they had the option of either completing independently or...

Despite the interdependence between cognitive and noncognitive skills, empirical studies have shown a longer period of acquisition in life-time for the latter besides relevance for educational and labor market success. Analyzing returns of investments during different periods of life is...

We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices, we can classify each of 717 subjects, aged 8 to 17 years, as either egalitarian, altruistic, or spiteful. Varying the allocation recipient as either an in-group or an out-group...