The net impact of development interventions can depend on the availability of close substitutes to the intervention. We analyze a randomized trial of an innovative anti-poverty program in South India which provides “ultra-poor” households with inputs to create a new, sustainable livelihood....

In this paper, Gini Regression Analysis (Olkin and Yitzhaki 1992) is applied to check the robustness of the positive correlation of the number of billionaires, billionaires' wealth, and the GDP per-capita, as reported in Prinz (2016). Although Gini Regression Analysis (GRA) as a method exists...

Behind a Veil of Ignorance, the Social Planner's problem of choosing from a collection of diverse wellbeing distributions is akin to a problem of individual decision making under uncertainty. This interpretation provides a rationale for applying the concept of Stochastic Dominance Optimality in...

For ranking incomparable prospects, a ‘Utopia Index' measuring the proximity to a lower envelope of integrated distribution functions is proposed. The analysis generalizes the existing Almost Stochastic Dominance concept from pairwise comparison to a joint analysis of an arbitrary number of...

Ranking groups (schools, regions, counties) according to the average score of their constituent parts - say, ranking schools by the academic achievements of students - is a common yardstick in evaluation and a cornerstone of any planning process. In this paper we show that under certain...

In this work we introduce a general equilibrium model with landlords, indebted owner-occupiers and renters to study housing markets' dynamics. We estimate it by using standard Bayesian methods and match the US data of the last decades. This framework is particularly suited to explain current...

This paper studies the effects of mining intensity and presence on Peru's mining districts' welfare from 2004 to 2019. I use a pooled cross-section regression constructed from different sources and make two sets of comparisons: the first compare districts with and without the mining presence...

Reducing greenhouse gas emissions in the housing sector remains an important challenge for a climate policy. This study provides new evidence on the ability of Poles inhabiting single-family houses to reduce the pressure on the environment as income grows. We apply the environmental Kuznets...

Periods of economic and financial stress traditionally give rise to profound changes in economic theory and in the way policy decisions are taken. Motivated by the recent interest in renewing macroeconomics after the global financial crisis, we collected the views of senior central bank staff in...

Parents in the labor force have balance their work and home life, including the choice of the type of care to provide for their children while they work. In this paper we study the connection between the married women's labor force participation, child care arrangements and the time that...