This paper examines how UK banks channel capital inflows to the individual sectors of the domestic economy and to overseas residents. Information on the source country of foreign capital deposited with UK banks allows us to construct a novel Bartik instrument for capital inflows. Our results...

The growth of self-employment and in particular gig work may explain part of the declining fertility rates observed in many countries. This study examines this question drawing on longitudinal data to compare women’s fertility, proxied by maternity leave uptake, when self-employed or wage...

Drawing on panel data from six elections between 1998 and 2017 in Germany, we estimate the causal effect of immigration - described by Germany's interior minister as the "mother of all political problems" - on electoral support for the far right and the far left. Our identification strategy is...

This paper develops a framework (a) to examine whether or not the African business e nvironment hinders or promotes the knowledge economy (KE), (b) to determine how the KE affects econom ic performance, and (c) how economic performance relates to the inequality-adjusted human socioeconomic...

The last two decades have seen a lot research devoted to understanding the economic impact of telecoms infrastructure; however, the explosion of mobile technology, especially in the last decade, has received much less attention. This study addresses important evidence gaps by considering the...

Studies that examine the impact of food prices on conflict usually assume that (all) changes in international food prices are exogenous shocks for individual countries or local areas. By isolating strictly exogenous shifts in global food commodity prices, we show that this assumption could...

We investigate assortative mating on education using a sample of couples from the Health and Retirement Study. We estimate a reduced-form linear matching function, which links wife's education to husband's education and both wife's and husband's unobservable characteristics. Using OLS we find...

Analyses of spatial or network data are now very common. Nevertheless, statistical inference is challenging since unobserved heterogeneity can be correlated across neighboring observational units. We develop an estimator for the variance-covariance matrix (VCV) of OLS and 2SLS that allows for...

We focus on the implications of the shale oil boom for the global supply of oil. We begin with a stylized model with two producers, one facing low production costs and one higher production costs but potentially lower adjustment costs, competing á la Stackelberg. We find that the supply...