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The daily grind: Cash needs and labor supply
Autores:
Jonathan Robinson
Pascaline Dupas
Santiago Saavedra
The majority of people in developing countries are self-employed and can therefore set their own work hours. How do self-employed individuals motivate themselves to work hard day after day? We […]
The gradient allocation principle based on the higher moment risk measure
Autores:
Fabio Gómez
Qihe Tang
Zhwei Tong
Gâteaux derivative
Gradient Allocation Principle
Higher Moment Risk Measure
Multivariate distributions
Robustness
Stochastic dominance
According to the gradient allocation principle based on a positively homogeneous and subadditive risk measure, the capital allocated to a sub-portfolio is the Gâteaux derivative, assuming it exists, of the […]
Search intensity, search time and prices: evidence from retail diesel markets in France
Autores:
Jeisson Cárdenas
Jesus Otero
Luis H. Gutierrez
We study the efect of price variations over time and across space on search intensity and search time by consumers in retail markets for diesel in France. The main contribution […]
Motivating bureaucrats with behavioral insights when state capacity is weak: Evidence from large-scale field experiments in Peru
Autores:
Andrew Dustan
Juan Hernández
Stanislao Maldonado
We study how text messages incorporating behavioral insights can be used as a tool to affect civil servant performance when state capacity is weak. By experimentally varying the content of […]
Comparing long-term educational effects of two early childhoodhealth interventions
Autores:
Darío Maldonado
Darwin Cortés
Felipe Uriza
José Tiberio Hernández
Juan Gabriel Ruiz
Juan Miguel Gallego
Julieth Pico
Nathalie Charpak
Rejean Tessier
We compare the educational effects of two medical protocols that mitigate long-term conse-quences of prematurity or low birth weight. The two protocols are Traditional Care (TC), whichuses incubators, and Kangaroo […]
Quality certification and firm performance. The mediation of human capital
Autores:
Juan Miguel Gallego
Luis H. Gutierrez
This paper investigates the impact of adopting quality management standards like ISO9001 on a firm’s performance and the mediator role of human capabilities within firms in this relationship. The article […]
The minimum wage in formal and informal sectors: Evidence from an inflation shock
Autores:
Jorge Pérez Pérez
I estimate the effect of the minimum wage on formal wages, informal wages, and employment in Colombia. I exploit an unexpected increase in the real minimum wage during 1999. My […]