While human capital is a strong predictor of economic development today, its importance for the Industrial Revolution has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy) from upper-tail knowledge. As a proxy for the...

While human capital is a strong predictor of economic development today, its importance for the Industrial Revolution has typically been assessed as minor. To resolve this puzzling contrast, we differentiate average human capital (literacy) from upper-tail knowledge. As a proxy for the...

We develop a model of policy communication by aid agencies, NGOs and intergovernmental organizations and we show how the need for fundraising affects the policy communication strategy of these organizations. To attract more funds, organizations may bias their communication. The bias depends on...

This paper provides a unified framework to study the interactions between a minority group, a majority group, and political leaders. Theoretically, we set up a dynamic model of discrimination and assimilation choices and characterize the effect of a shock to the return to discriminatory actions....

We develop a model of policy communication by aid agencies, NGOs and intergovernmental organizations and we show how the need for fundraising affects the policy communication strategy of these organizations. To attract more funds, organizations may bias their communication. The bias depends on...

Although questions surrounding industrial policy are fundamental, we lack both measures and comprehensive data on industrial policy. Consequently, scholars and practitioners lack a systematic picture of industrial policy practice. This paper provides a new, text-based approach to measuring...