Econometric Society 2005 World Congress

Mahalanobis covers some of the latest papers from the Econometric Society meetings.   Here is a selection, more summaries at the previous link and much more here.

Economists find money is more precious than time: They say that time is more precious than money but economists have shown that this isn't the case. Researchers presented a paper that shows people are more willing to share the fruits of their labour rather than their money.

Legalising abortion increases a woman's economic power: The legalisation of abortion and innovations in birth control have increased a wife's clout in the home. Results show that all women are better off, including those who don't use birth control, but only if it's available to single women as well.

Model predicts how to get ahead in the research stakes: The conundrum over whether to share interim research results or play your cards close to your chest has been answered.

Younger siblings fare worse in educational attainment: Children born later in families don't perform as well as their older siblings.