This research examines whether air pollution affects risk-taking behaviour. Using survey data from 40,000 Indonesians and satellite pollution measurements, it shows that higher pollution levels make people more risk-averse. Because risk preferences influence education, careers, entrepreneurship, and innovation, cleaner air may improve both health outcomes and economic decision-making.
This research analyzes 15 years of aid data across Pacific Island countries to assess whether foreign aid supports economic growth. It finds that aid can be effective, but only up to a point, and that donor type matters. The study emphasizes shifting focus from national GDP to community-level outcomes.