This paper studies the sharp increase in violence experienced in Mexico after 2006, known as The War on Drugs, and its effects on human capital accumulation. The upsurge in violence is expected to have direct effects on individuals schooling decisions, but not indirect effects, because there was...

Growth and business cycles have a long tradition of being studied separately. However, events such as the Great Recession raise concerns that severe downturns may have detrimental implications for growth. If so, what policies may help alleviate such long-lasting effects of large recessions? To...