We study the effect of political regime change on higher education and its distributional and political consequences. We focus on the 1973 coup that brought Augusto Pinochet to power in Chile. The Pinochet dictatorship's aims of political control and fiscal conservatism led to a large reduction...

Economic sanctions and covert actions from hegemonic states are common tools used to influence other countries. Less is known about non-state actors such as banks and their impact across borders. We use new firm-level data from Chile to document a substantial decrease in financial relations with...

State repression is a prominent feature of non-democracies, but its effectiveness in quieting dissent and fostering regime survival remains unclear. We exploit the location of military bases before the coup that brought Augusto Pinochet to power in Chile in 1973, which is uncorrelated to...