The objective of this paper is to present microeconomic evidence on the economic effects of international remittances on households'spending decisions. Remittances can increase the household budget and reduce liquidity constraint problems, allowing more consumption and investment. In particular,...

The "Peter Principle" (Peter and Hull, 1969; Fairburn and Malcomson, 2001; Lazear, 2004) suggests that individuals are "promoted to their level of incompetence". A corollary of the "Peter Principle" prediction is that external hires should have an advantage when competing with incumbents for a higher...

"Front Cover" -- "Contents" -- "Acknowledgments" -- "Main Messages" -- "Abbreviations" -- "Executive Summary" -- "Demand for Socioemotional Skills in the Philippines" -- "Socioemotional Skills and Labor-Market Outcomes" -- "Education and Skills Development in the Philippines" -- "Policy Options...

Front Cover -- Contents -- Foreword -- Acknowledgments -- About the Authors -- Abbreviations -- Executive Summary -- Overview -- Main Findings -- Main Recommendations -- Note -- Chapter 1 Introduction -- Notes -- Chapter 2 Context: Progress and Opportunities for Human Development in Central...