We study the socioeconomic gradient of child development on a sample of low- and middle-income children aged 6–42 months in Bogota using the Bayley Scales of Infant and Toddler Development. We find an average difference of 0.53, 0.42, and 0.49 standard deviations (SD) in cognition,...

We study the socio-economic gradient of child development on a representative sample of low- and middle-income children aged 6-42 months in Bogota, using the Bayley Scales of Infant Development, a high quality test based on direct observation of the child's abilities. We find a statistically...

There is much debate over whether the life-cycle model of consumption can explain consumption growth patterns patterns observed in household level data sources. We argue that once one departs from simple classroom example, or 'stripped down life-cycle model', the empirical model for consumption...

This article outlines how a home visiting intervention in Colombia, delivered at scale through partnering with existing social welfare systems, successfully increased the variety of play materials and play activities in economically disadvantaged households with young children. The study shows...

This article outlines how a home visiting intervention in Colombia, delivered at scale through partnering with existing social welfare systems, successfully increased the variety of play materials and play activities in economically disadvantaged households with young children. The study shows...

Despite the rapid expansion and increasing importance of private education in developing countries, very little is known about the impact of studying in private schools on educational attainment and wages. This paper contributes to fiÂ…lling this gap by estimating the returns to private high...

Recent studies have explored the possibility that limited participation in asset markets, and the stock market in particular, might explain the lack of correspondence between the sample moments of the Intertemporal Marginal Rate of Substitution and asset returns. We estimate ownership...

Forthcoming

In this paper we argue that only when one uses data and arguments relating to the life-time experiences of individuals or households within an economy can one understand recent trends and patterns in saving rates. Only within this framework is it sensible to design and analyse policies to...