In an evaluation of a job training program, the causal effects of the program on wages are often of more interest to economists than the program's effects on employment or on income. The reason is that the effects on wages reflect the increase in human capital due to the training program,...

In December 2017, two leading derivative exchanges, CBOE and CME, introduced the firstregulated Bitcoin futures. Our aim is estimating their impact on Bitcoin volatility and tradingvolume. Employing a new causal approach, C-ARIMA, we find that the CME future triggered anincrease in both...

Building upon the social-risk management approach, this paper examines dimensions of household behavior that are important for risk management and reduction of vulnerability, beyond issues of consumption. This paper attempts to assess to what extent risk and vulnerability factors are relevant...