The failure of the Freedman's Savings Bank (FSB), one of the only Black-serving banks in the early post-bellum South, was an economic catastrophe and one of the great episodes of racial exploitation in post-Emancipation history. It was also most Black Americans' first experience of banking. Can...

On February 5, 1917, the United States passed the Immigration Act of 1917, which included a test for all migrants arriving to the U.S. to prove they were literate. The Literacy Test was one of the first and few times the U.S. used a broad 'skill-based' immigration policy in an attempt to limit...

We examine "agglomeration shadows" that emerge around large cities, which discourage some economic activities in nearby areas. Identifying agglomeration shadows is complicated, however, by endogenous city formation and "wave interference" that we show in simulations. We use the locations of...

This paper combines personnel records of the U.S. federal government with census data to study how shocks to the gender composition of a large organization can persistently shift gender norms. Exploiting city-by-department variation in the sudden expansion of female clerical employment driven by...

To engage with the large literature on the economic effects of slavery, we use antebellum census data to test for statistical differences at the 1860 free-slave border. We find evidence of lower population density, less intensive land use, and lower farm values on the slave side. Half of the...

"Le métro de Paris a 125 ans. Des millions de voyageurs l'empruntent quotidiennement. Il est le résultat d'un pari, le fruit d'un demi-siècle de débats, de désaccords entre les tenants d'une extension parisienne des grands réseaux de chemins de fer de l'époque et ceux d'une desserte...