Millions of people emigrate every year in search of better opportunities. Anecdotes of emigrants with over-optimistic expectations about the incomes they can earn abroad suggest excessive migration pressure. Yet there is almost no statistical evidence on how accurately emigrants predict the...

This paper uses data from the Survey of Family, Income and Employment to estimate saving by the household sector in New Zealand during 2004--2006. Even our most conservative estimate is that at least 14% of gross income was saved during this period. By contrast, the indirectly derived Household...

This paper uses data from the Survey of Family, Income and Employment to estimate saving by the household sector in New Zealand during 2004--2006. Even our most conservative estimate is that at least 14% of gross income was saved during this period. By contrast, the indirectly derived Household...

The impacts of international emigration and remittances on incomes and poverty in sending areas are increasingly studied with household survey data. But comparing households with and without emigrants is complicated by a triple-selectivity problem: first, households self-select into emigration;...

Migration of workers from developing to developed countries and the resulting remittance flows are important development policies. World Bank calculations show that restrictions on international migration have larger welfare costs than the more widely studied restrictions on international trade....

This paper exploits the reduction in the legal drinking age in New Zealand from 20 to 18 to study the dynamics of youth risk taking. Using administrative data on the universe of road accidents over a fifteen year period spanning the law change, we undertake three complimentary analyses to...