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Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
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- Africa (1)
- Behavioral economics (1)
- Developing countries (1)
- Economic Development (1)
- Employment (1)
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- Gender (1)
- Investment decisions (1)
- Labor (1)
- Labor markets (1)
- Loss aversion (1)
- Nepal (1)
- Perceptions (1)
- Reference-dependent preferences (1)
- Regression Discontinuity (1)
- Returns to schooling (1)
- Risk preferences (1)
- Social sciences; Austerity; Human rights; IMF; Labor rights; Protest; Repression (1)
- Subjective returns (1)
- Time preferences (1)
- Training (1)
- Publication Type
Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
What Factors Drive Individual Misperceptions Of The Returns To Schooling In Tanzania? Some Lessons For Education Policy, Plamen Nikolov, Nursat Jimi
What Factors Drive Individual Misperceptions Of The Returns To Schooling In Tanzania? Some Lessons For Education Policy, Plamen Nikolov, Nursat Jimi
Economics Faculty Scholarship
Evidence on educational returns and the factors that determine the demand for schooling in developing countries is extremely scarce. Building on previous studies that show individuals underestimating the returns to schooling, we use two surveys from Tanzania to estimate both the actual and perceived schooling returns and subsequently examine what factors drive individual misperceptions regarding actual returns. Using ordinary least squares and instrumental variable methods, we find that each additional year of schooling in Tanzania increases earnings, on average, by 9 to 11 percent. We find that on average individuals underestimate returns to schooling by 74 to 79 percent and …
Time Delay And Investment Decisions: Evidence From An Experiment In Tanzania, Plamen Nikolov
Time Delay And Investment Decisions: Evidence From An Experiment In Tanzania, Plamen Nikolov
Economics Faculty Scholarship
Attitudes toward risk underlie virtually every important economic decision an individual makes. In this experimental study, I examine how introducing a time delay into the execution of an investment plan influences individuals’ risk preferences. The field experiment proceeded in three stages: a decision stage, an execution stage and a payout stage. At the outset, in the Decision Stage (Stage 1), each subject was asked to make an investment plan by splitting a monetary investment amount between a risky asset and a safe asset. Subjects were informed that the investment plans they made in the Decision Stage are binding and will …
Vocational Training Programs And Youth Labor Market Outcomes: Evidence From Nepal, S Chakravarty, M Lundberg, Plamen Nikolov, J Zenker
Vocational Training Programs And Youth Labor Market Outcomes: Evidence From Nepal, S Chakravarty, M Lundberg, Plamen Nikolov, J Zenker
Economics Faculty Scholarship
Lack of skills is arguably one of the most important determinants of high levels of unemployment and poverty. In response, policymakers often initiate vocational training programs in efforts to enhance skill formation among the youth. Using a regression-discontinuity design, we examine a large youth training intervention in Nepal. We find, twelve months after the start of the training program, that the intervention generated an increase in non-farm employment of 10 percentage points (ITT estimates) and up to 31 percentage points for program compliers (LATE estimates). We also detect sizable gains in monthly earnings largely driven by women who start self-employment …
Compliance With Imf Austerity: Labor Rights, Protest, And Repression, Brendan Skip Mark
Compliance With Imf Austerity: Labor Rights, Protest, And Repression, Brendan Skip Mark
Graduate Dissertations and Theses
This dissertation explores the domestic consequences of International Monetary Fund (IMF) program lending. It argues that when governments implement austerity reforms attached to IMF loans it increases human rights violations and violence in borrower governments. A new measure of IMF compliance is developed and used to explore the consequences of IMF lending in the 21st century. Past research exploring IMF lending consequences has assumed compliance away. While IMF program lending is largely seen as a failure there is significant debate about the causes of failure. Human rights scholars have argued that austerity policies impose significant hardships on citizens in borrower …