How does the organizational structure of law enforcement agencies affect police activity and crime? We examine the consequences of an organizational reform in Israel that transferred the responsibility for housing arrestees from the police to the prison authority. Using the staggered rollout of...

Usury laws cap the interest rates that lenders can charge. Using data from Prosper.com, an online lending marketplace, I investigate the effects of these laws. The key to my empirical strategy is that there was initially substantial variability in states' interest rate caps, ranging from 6% to...