Policies need not only to be well designed to effectively address market failures, but their parameters also need to be part of agents' information sets. This is illustrated by government student loans in the Netherlands which are intended to alleviate liquidity constraints. Despite generous...

Incentive instruments like asset ownership and performance pay often have to strike a balance between the productive incentives and the rent-seeking incentives they provide. Standard theory predicts that a given instrument becomes less attractive when the effectiveness of rent-seeking activities...

We estimate the impact of changes in unearned income on the height and weight of young children in a developing country. As a source of income variation we use a change in the eligibility criteria for receipt of an unconditional cash transfer in Ecuador. Two years after families lost the...

This paper examines the wage premium to computer use in a developing country:Ecuador. We use different approaches to establish whether the premium is causal.Controlling for a large set of observables we find a wage difference between users andnon-users of around 27%. Using first differences, the...

Policies need not only to be well designed to effectively address market failures, but their parameters also need to be part of agents' information sets. This is illustrated by government student loans in the Netherlands which are intended to alleviate liquidity constraints. Despite generous...

This paper reports the findings of a meta-analysis of 37 papers with 75 results from ultimatum game experiments. We find that on average the proposer offers 40% of the pie to the responder. This share is smaller for larger pie sizes and larger when a strategy method is used or when subjects are...