The shock on human capital caused by COVID-19 is likely to have long lasting consequences, especially for children of low-educated families. Applying a counterfactual exercise we project the effects of school…
Marcel Mauss wrote in 1924 that he had found in the motifs of the "archaic" gift exchange of pre-modern societies "one of the rocks on which our societies rest" (Mauss, 1990, p.19). Gift practices persist in…
In recent years, policymakers have increasingly used behaviourally informed policies, including ‘nudges’. They have been implemented to produce desirable social outcomes such as healthier eating and physical…
This study provides the first quantification of buyers’ role in the outcome of R&D procurement contracts. We combine together four data sources on US federal R&D contracts, follow-on patented inventions,…
Natural hazard insurance is advocated as an important means of risk management, however, private insurance demand often remains below critical levels. Prior loss experience and the design of governmental relief…
