Recent literature documented significant dependency between individual's lifetime earnings and life expectancy. In light of this phenomenon, we examine the effect of using salary-fitted mortality tables on optimized withdrawal strategies. We find that while earnings rank meaningfully affects...

We modify the standard trade model introducing the possibility of biased technological changes. This model help to explain the falling labor shares as well as the mixed changes in skill premium in developing countries after trade liberalization takes place

"This paper investigates the extent of vengeful feelings and their determinants using data on more than 89,000 individuals from 53 countries. Country characteristics (such as per-capita income, average education of the country, presence of an armed conflict, the extent of the rule-of-law,...

This paper applies direct tests for adverse selection and moral hazard in the market for child care. A unique data set containing quality measures of various characteristics of child care provided by 746 rooms in 400 centers, as well as the evaluation of the same attributes by 3,490 affiliated...

This paper investigates the impact of economics conditions (carrots) and sanctions (sticks) on murder, assault, robbery, burglary and motor vehicle theft in New York City, using monthly time-series data spanning 1974-1999. Carrots are measured by the unemployment rate and the real minimum wage;...