Purchasing power adjusted incomes applied in cross-country comparisons are measured with bias. In this paper, we estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is substantial and systematic: the poorer a country, the more its...

It is standardly assumed that individuals adjust to perceived unfairness or norm violations in precisely the same area or relationship where the original offense has occurred. However, grievances over being exposed to injustice may have even broader consequences and also spill over to other...

Using an extensive longitudinal dataset extracted from the Norwegian Prescription Database (NorPD) containing all prescriptions written in the period January 2004 to June 2007, we selected two particular drugs (chemical substances) used against cholesterol. The two brand-name products on the...

This paper critically reviews and synthesizes research on the role of religion on various aspects of the economic and demographic behavior of individuals and families in the United States, including the choice of marital partner, union formation and dissolution, fertility, female time...

This study examines the interplay between job stability, wage rates, and marital instability. We use a Dynamic Selection Control model in which young men make sequential choices about work and family. Our empirical estimates derived from the model account for selfselection, simultaneity and...

The paper analyzes the link between old-age income programs and economic outcomes in Belgium. We use a simulation methodology to construct an average pension generosity variable. Our regression analysis explores the link with distributional outcomes in income, consumption and more subjective...

An estimated 9 million Filipinos, about 10% of the population, now reside abroad as permanent immigrants in advanced economies and as temporary migrant workers. The permanent immigrants who are mostly in the US, Australia and Canada comprise about 45% of the total. The migrant workers are...

This study updates earlier estimates of the sensitivity of regional investment flows in the Philippines to fiscal incentives - income tax holidays and other fiscal inducements provided by government. All other factors held constant, the strength and significance of the investment-inducing effect...