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Eliciting subjective probability distributions in developing countries is often based on visual aids such as beans to represent probabilities and intervals on a sheet of paper to represent the support. The authors conducted an experiment in India that tested the sensitivity of elicited...
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We assemble a novel dataset to study the impact of male scarcity on marital assortative matching and other marriage market outcomes using the large shock that WWI caused to the number of French men. Using a difference-in-differences approach, we find that post war in regions with higher...
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Estimates of differential mortality by socioeconomic status play an important role in several domains: in public policy for assessing distributional effects of public programs; in financial markets for the design of life insurance and annuities; and in individual decision making when figuring...
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This study analyzes the extent to which an individual's survival expectations influence his or her decision to claim social security benefits at an early age. We find that subjective survival probabilities capture meaningful behavioral responses to incentives for early Social Security claiming...
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This study analyzes the role of individual's and spouse's survival expectations and knowledge about Social Security rules on the expected Social Security claiming age, taking into account the various incentives single and married individuals face. There is substantial heterogeneity in the level...
Persistent link: https://www.econbiz.de/10014221160
In this chapter, I review the elicitation and use of subjective expectations in low- and middle-income countries (LMICs). I begin by describing several elicitation methods used in this context, together with the key relevant methodological issues, typical patterns of answers, and further...
Persistent link: https://www.econbiz.de/10014079071
This paper investigates how attitudes toward the United States are affected by the provision of information. We use an experimentally generated panel of attitudes, obtained by providing urban Pakistanis with fact-based statements describing the United States in either a positive or negative...
Persistent link: https://www.econbiz.de/10013107494