A huge literature shows that childhood health and educational attainment are highly correlated. However, estimates for the effect of childhood health on educational attainment under risk generally confound the effect of liquidity constraints and of lack of insurance against risk. It is unclear...

The paper shows the results of the RESCuE project, an in-depth qualitative investigation of 250 vulnerable households, their living conditions and socioeconomic practices across nine European countries on the background of the European crisis since 2008. After refining the concept and developing...

This study evaluates the impacts of a community-based development program on the economic welfare of rural households in Afghanistan. Using a randomized experiment data collected by National Solidarity Program (NSP), this paper uses Ordinary Least Square Method (OLS) to eliminate the selection...

This paper is intended to bridge the theoretical literature describing efficient intra-household behaviour and the development literature that collects empirical regularities pointing toward the existence of strategic decision-making among spouses. It examines the key elements of the collective...

We examine the cash-flow channel of monetary policy, i.e. the effect of monetary policy on spending when households hold debt linked to short-term rates such as adjustable rate mortgages (ARMs). Using registry-based data on Swedish households, we estimate substantial heterogeneity in consumption...