This paper studies the effect of the 1918-19 influenza pandemic on fertility using a historical dataset from Sweden. Our results suggest an immediate reduction in fertility driven by morbidity, and additional behavioral effects driven by mortality. We find some evidence of community rebuilding...

We estimate the causal impact of school smoking bans in Germany on the propensity and intensity of smoking. Using representative longitudinal data, we use variation in state, year, age cohort, school track, and survey time for implementation of such smoking bans to identify the effects of...

Abiturientinnen und Abiturienten, die ihren Abschluss nach zwölf statt 13 Schuljahren erreichen (G8-Reform), nehmen nach dem Abitur seltener ein Studium auf: Um sechs Prozentpunkte sinkt im Vergleich zu einem Referenzszenario ohne G8-Reform der Anteil derer, die im Jahr des Abiturs oder im...

This paper bridges the financial market and the marriage market using a reference-dependent mechanism. Male-biased sex ratios induce families with sons to hold more risky assets, since competitive marital payment in a tight market raises the reference level of marriage expenditure for such...