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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
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 […]

Changes in new and old informal urban settlements in Bogota: logic of need and logic of the market: two case studies

Autores:
Maria Elena Botero
Urban policies conceive informal urbanization as a phenomenon to be eliminated or regularized. However, the “informal city” does not exist separately from formality, so it is necessary to understand how […]

De-normalizing smoking in urban areas: Public smoking bans and smoking prevalence

Autores:
Juan Miguel Gallego
Paul Rodríguez
Susana Otálvaro
The effectiveness of command-and-control policies related to tobacco use has been studied in high-income countries. Still, there is limited evidence of their effects in low and middle-income countries. We explore […]

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 […]

Asymmetric behaviour and the 9-ending pricing of retail gasoline

Autores:
Jesus Otero
Mark Holmes
Using daily unleaded gasoline data for almost the totality of Western Australian retail outlets over twentyyears, we find that retail prices are most rigid when they are 9-ending as opposed […]