This paper theoretically and empirically analyzes the interaction of emigration of highly skilled labor, an economy's income gap to potential host economies of expatriates, and optimal public infrastructure investment. In a model with endogenous education and R&D investment decisions we show...

Behavioural responses to pandemics are less shaped by actual mortality or hospitalization risks than they are by risk attitudes. We explore human mobility patterns as a measure of behavioural responses during the COVID-19 pandemic. Our results indicate a strong negative relationship between...

To better understand potential relationships between income and terrorism, we study data for 1,527 subnational regions in 75 countries between 1970 and 2014. Results consistently imply an inverted U-shape that remains robust to accounting for a comprehensive set of region-level covariates,...