This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on … equivalent income. These differences are illustrated using household-level panel data from Russia and Vietnam. -- Prospect Theory …

Po, the cradle of top French politicians. Quasi-random assignments of students into the same short-term integration …

Government or company decisions on whom to hire are mostly delegated to politicians, public sector officials or human … connections in the presence of convex costs of networking. -- nominations ; rent-seeking ; networks ; politicians ; procurement …

linking politicians and election candidates to the universe of firms. To identify the causal effect of access to political … us to distinguish between mechanisms driving the effects over the politician’s career. …

We document an overrepresentation of politicians on corporate boards using data for Swiss federal legislators in 1931 … directorship and no effect on the number of directorships. Our results imply that the prevalence of politicians on corporate boards … stems from a positive selection of talented individuals in both business and politics, rather than firms hiring politicians …

decentralization reform, politicians with different skills are elected in municipalities characterized by different levels of …In a career-concern model of politics with endogenous candidacy and different types of politicians, following a … difference in the tax base, following the decentralization reforms of the '90s. Results strongly support our predictions and are …