We document the properties of business cycles of 71 countries (23 industrial countries and 48 emerging market economies, or EMEs), from 1970q1 to 2012q4 using the Harding and Pagan dating algorithm. First, recessions are deeper, steeper and costlier among EMEs (especially in East Asia and Latin...

Do attitudinal surveys and incentivized experiments predict actual behavior? We answer this question using data on trust and pro-sociality from experiments and surveys conducted on six Latin American cities. Individuals in agreement with a set of pro-social statements who also either are willing...

This paper examines the factors affecting the support for foreign aid among voters in donor countries. A simple theoretical model, which considers an endogenous determination of official and private aid flows, relates individual income to aid support and also suggests that government efficiency...