Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
In May 1981, President François Mitterrand regularized the status of undocumented immigrant workers in France. The newly legalized…
In response to the COVID-19 outbreak, the governments of most countries ordered the closure of schools, potentially exacerbating existing…
On June 13, 2015, Manuela Carmena—a former judge and novice politician—stood in the ornate neo-gothic surroundings of Madrid’s Cibeles…
On the twentieth anniversary of its inception, the euro has yet to expand its role as an international currency. We document this fact with…
We estimate the causal effects of parental incarceration on children’s short- and long-run outcomes using administrative data from Sweden.…
The successful fruits of Italian Renaissance patronage were often prominently displayed by the original owners and written up favorably by…
If individuals become aware of their stereotypes, do they change their behavior? We study this question in the context of teachers’ bias in…
We study the educational choices of children of immigrants in a tracked school system. We first show that immigrants in Italy enroll…
In this paper, we study the effects of immigration on natives’ marriage, fertility, and family formation across US cities between 1910 and…