Studies on the role of birth order in educational achievement in developing countries have yielded contradictory findings. This study uses unique and novel data on 4,362 siblings living in alternative care families in 54 countries. Results suggest negative birth order effects among biological...

Individuals and business owners engage in an increasingly complex array of financialdecisions that are critical for their success and well-being. Yet a growing literature documentsthat in both developed and developing countries, a large fraction of the population is unpreparedto make these...