We compile, transcribe, and standardize historical records for 2.5 million students at 65 elite (private and public) U.S. colleges. By combining these data with more recent survey and administrative ...

A team of investigators led by research associates Katherine Baicker of the University of Chicago and Kosali Simon of Indiana ...

Since World War II, the Federal Reserve’s most effective campaigns against inflation have been characterized by clear-cut goals, a willingness to accept higher unemployment, and a refusal to give up ...

Recently economists have begun to consider the causes and consequences of religious participation. An unanswered question in this literature is the effect upon individuals of changes in the ...

When there are binding price controls, there are shortages and the allocation of goods across consumers may not be efficient. In general, the misallocation costs of price controls are first order, ...

We present data on ownership structures of large corporations in 27 wealthy economies, making an effort to identify ultimate controlling shareholders of these firms. We find that, except in economies ...

A reduction in trade barriers generally will affect the environment by expanding the scale of economic activity, by altering the composition of economic activity, and by bringing about a change in the ...

We provide a comprehensive analysis of the effects of minimum wages on blacks, and on the relative impacts on blacks vs. whites. We study not only teenagers – the focus of much of the minimum ...

This paper examines the dynamics of poverty. Previous analyses of the dynamics of poverty have either examined only fluctuations in the male heads earnings or looked at the frequency of poverty ...

In this paper, we study how physicians’ family characteristics influence physicians’ behavior and patient health outcomes. Using administrative data from Denmark and the natural experiment of a ...

Willingness to pay for air quality is a function of health and the costly defensive investments that contribute to health, but there is little research assessing the empirical importance of defensive ...

As recreational marijuana laws (RML) expanded marijuana access over the last decade, still very little is known about the impact of RML on two costly social behaviors that may arise as a consequence ...