Among international development conventions, the most common in the gender empowerment field is: When you invest in women, they re-invest 90 percent back into their families and communities. This rate is considered ...

Building on previous empirical studies of violence and military aid spending, this paper adds to the growing body of literature by analyzing the recent reconstruction efforts in Afghanistan. New and more expansive violence ...

In 1931 James Truslow Adams coined the phrase "the American Dream" in his historical account of the United States in The Epic of America. Over generations, this premise has shaped the belief that all members of society, ...

Poverty remains the scourge of the modern world. Millions of people live in poverty despite the best efforts of the most powerful governments in the world. Due to a myriad of political and historical reasons, the most ...

Chapter 1 explores the impact of banks' exposure to market liquidity risk through wholesale funding on their supply of credit during the global financial crisis of 2007-2008. The methodology minimizes the impact of confounding ...

"Where does our food come from" is a popular question: the answer, the migrant farm worker. The migrant farmworkers who enable us to eat fresh produce during all seasons are typically mistreated, exposed to chemicals, and ...

The following three essays discuss dynamics under uncertainty. The first two chapters discuss the question of how one agent can learn about another in an environment with repeated interaction. The third chapter centers ...

The first chapter explores the role of income in the decision of native-born individuals to enroll in college when the local labor market is affected by inflows of immigrant labor. I develop a unified theory of the decision ...

The concept of fungibility is central in corporate finance. Its origin can be traced to a series of famous papers by Miller and Modigliani on the cost of capital and theory of investment. The intuition behind the proposition ...

Using the Consumer Expenditure Survey, I document a new fact that the consumption response to monetary policy shocks is greater for households with higher default risk. I propose a consumer credit channel that accommodative ...