This paper is the first attempt to study the causal impact of “Brexit”, namely the UK’s departure from the European Union (EU), on the post-graduation mobility decisions of EU students in the UK. We exploit the British government’s formal withdrawal notification under Article 50 as a...

We provide first evidence that peer depression in adolescence affects own depression in adulthood. We use data from Add Health and an identification strategy that relies on within-school and across-cohort idiosyncratic variation in the share of own-gender peers who are depressed. We find a...

This paper investigates the causal pathways through which ethnic social networks influence individual naturalization. Using the complete-count Census of 1930, we digitize information on the exact residence of newly arrived immigrants in New York City. This allows us to define networks with a...

In this study, we investigate whether COVID-19 deaths that occurred before vaccination rollouts impact subsequent vaccination take-up. We use data on local vaccination rates and COVID-19-related deaths from England measured at high geographic granularity. We find that vaccination take-up as of...

The UK Welfare Reform Act 2012 imposed a series of welfare cuts, which disproportionately impacted ex-ante poorer areas. In this paper, we consider the impact of these austerity measures on two different but complementary elements of crime - the crime rate and the less-studied concentration of...

The stock market influences some of the most fundamental economic decisions of investors, such as consumption, saving, and labor supply, through the financial wealth channel. This paper provides evidence that daily fluctuations in the stock market have important -and hitherto neglected-...

Understanding the formation of trust at the individual level is a key issue given the impact that it has been recognized to have on economic development. Theoretical work highlights the role of the transmission of values such as trust from parents to their children. Attempts to empirically...

This paper focuses on the impact of international migration on the transfer of political and social norms. Exploiting recent and unique data on Morocco, it explores whether households with return and current migrants bear different political preferences and behaviours than non-migrant families....

This article reviews the economic literature on social remittances. Unlike financial remittances, which are flows of cash or goods sent by migrants to their origin countries, social remittances refer to economic, social, political attitudes, behaviours and norms that are transmitted through...