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What determines remittances – altruism or enlightened self-interest - and do remittances trigger additional migration …
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The permanent income hypothesis states that agents perfectly smooth consumption given a large, anticipated shock to income. Testing these implications is difficult given the endogenous nature of income and payment timing. We leverage exogenous variation in military bonus size and timing matched...
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The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used …
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find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health conditions …
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Theory commonly posits agents who care both for the level of provision of a public good and the extent to which they personally contribute to the cause. Simply put, agents feel some "warm glow" from the donations they make. I discuss a fundraiser devised to exogenously vary the incentive to give...
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