Essay on empirical economics

Whether interested or not, economy has always influenced everybody’s life and daily choices. Our way of living and our important life decisions, for most of us, are framed not only by each own preference, but also and foremost by economic laws and budget constraints. Therefore, starting from real life, my interest for empirical economics has grown in different and complementary topics, ranging from consumer choices and asymmetric information in a developed world to analyzing developing countries and international trade in terms of value chains. My aim is that of connecting economic theories with empirical evidences. In fact, chapter two is a direct connection between people’s health attitude and principal-agent theory which analysis follows a recent experiment that I realized in the USA. My goal is also that of showing the economic mechanism in both developed and developing countries therefore chapter three is placed in Pakistan and analyses parental level of education on female student religiosity. As a conclusion, the last chapter interests a deep economic analysis of international trade among different countries and cultures, where developed and developing countries collaborate along the value chain by taking advantage from each other in order to be able to follow the path of a common development process.