This is a replication of Mayshar et al. (2022) (henceforth MMP).1 The article posits that the state (defined as societal hierarchy such as tax-levying elites) originated from cultivation of appropriable cereal grains, contrary to the conventional theory that the state originated from increased...

This is a replication of Mayshar et al. (2022) (henceforth MMP).1 The article posits that the state (defined as societal hierarchy such as tax-levying elites) originated from cultivation of appropriable cereal grains, contrary to the conventional theory that the state originated from increased...

This outstanding book focuses on how economics can contribute to the design, implementation and appraisal of legal systems that create the "right" incentives for environmental protection. The sixteen original and specially commissioned contributions -- written by some of the leading names in...

Amid the COVID-19 outbreak and related expected economic downturn, many developed and emerging market central banks around the world engaged in new long-term asset purchase programs, or so-called quantitative easing (QE) interventions. This paper conducts an event-study analysis of 24 COVID-19...

This paper examines the economic consequences of terror attacks and the channels through which terrorism affects local economies. I rely on an exhaustive list of terror attacks over the period 1970-2013 in the U.S. and exploit the inherent randomness in the success or failure of terror attacks...