This paper examines the nature and drivers of Vietnam's paradoxical performance in the Program for International Student Assessment (PISA) – consistently high student achievement despite being the poorest of all participating countries and a centralized education system. We first document...

The sunk cost fallacy is typically covered in introductory economics courses. It is among the most important biases that influence decision making. Ronayne et al. (2021a,b) find evidence of behavior consistent with the sunk cost effect and utilize eight questions that measure individuals'...

The number of individuals forcibly displaced by conflicts has been rising in the past few decades. However, we know little about the dynamics - magnitude, timing, and persistence - of conflict-induced migration in the short run. We use novel high-frequency data to estimate the dynamic migration...

The effects of immigration are reasonably well understood in developed countries, but they are far more poorly understood in developing ones despite the importance of these countries as immigrant destinations. We address this shortcoming by studying the effects of immigration to Brazil during...

This paper presents new evidence on schooling mobility across three generations in six Latin American countries. By combining survey information with national census data, we have constructed a novel dataset that includes 50,000 triads of grandparents, parents, and children born between 1890 and...

This paper examines the role of human capital persistence in explaining long-term development. We exploit variation induced by a state-sponsored settlement policy that attracted a pool of immigrants with higher levels of schooling to particular regions of Brazil in the late 19th and early 20th...

This paper discusses theoretical and practical issues related to long-term care (LTC) services in Latin America. Demand for these services will rise as the region undergoes a swift demographic transition from its currently young population to a rapidly aging one, especially since the region's...

Influenza vaccination could be a cost-effective way to reduce costs in terms of human lives and productivity losses, but low take-up rates and vaccination unintentionally causing moral hazard may decrease its benefits. We ran a natural field experiment in cooperation with a bank in Ecuador,...

The article reports an analysis of the findings of a search for household budget surveys for Latin America for the period from the earliest surveys to the late 1960s. Over one hundred studies were located. References to these surveys are available at...

This chapter presents evidence of the challenges faced by women and underrepresented minorities in Economics. It, first, examines the demographics of the economics profession, highlighting significant disparities in representation. Despite some progress, under representation remains prevalent at...