We estimate the effect of granting legal status to immigrant women on voluntary abortions. We exploit the 2007 EU enlargement as an exogenous shock to legal status for Romanian and Bulgarian women, considering Italy as a destination country. Using a standard Difference-in-Differences model, we...

We model consumer choices for cannabis in a risky environment and determine the supply of cannabis under prohibition and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis consumption. We show that this trade-off can be overcome by...

Der vorliegende Beitrag fasst die Argumente für eine Legalisierung von Cannabis zusammen und macht Vorschläge zur Ausgestaltung des Regulierungsrahmens. Hauptargument für eine regulierte Cannabisfreigabe sind nicht die zu erwartenden Steuereinnahmen oder die entstehenden legalen...

Legal abortion has recently been suggested as an essential healthcare service. In this study, we consider whether abortion legalization over 1969-1973 improved women's health, measured by maternal mortality. Our event-study results indicate that legal abortion substantially lowered non-white...

Countries have adopted a variety of legalization programs to address unauthorized immigration. Research in the US finds improved labor market outcomes for newly authorized immigrants. Findings are more mixed for European and Latin American countries where informal labor markets play a large role...

Many countries are experiencing increasing inflows of immigrant students. This raises concerns that having a large share of students for whom the host country language is not their first language may have detrimental effects on the educational outcomes of native children. However, the evidence...

Donohue and Levitt (2001) present a number of analyses that suggest a causal link between legalized abortion and reductions in crime almost two decades later when the cohorts exposed to legalized abortion reach their peak crime years. Joyce (2003) challenges that finding. In this paper, we...

Previous research has convincingly shown that abortion legalization in the early 1970s led to a significant drop in fertility at that time. But this decline may have either represented a delay in births from a point where they were have represented a permanent reduction in fertility. We combine...

This paper examines the relationship between the legalization of abortion and subsequent decreases in crime. In a current study, researchers estimate that the legalization of abortion explains over half of the recent decline in national crime rates. The association is identified by correlating...

This paper views abortion access as an insurance policy that protects women from unwanted pregnancies. Within this framework, we present a theoretical model where greater access provides value in the form of insurance against unwanted births and also reduces the incentive to avoid pregnancy....

The cannabis plant, as a hemp, could contribute better than previously thought to achieving the goals of the UN Sustainable Development Report, the so-called Agenda 2030 and its 17 SDGs (Sustainable Development Goals). From a health perspective, its medicinal use is the main focus, but it is...

Ecuador has become the third largest receiver of the 4.3 million Venezuelans that left their country in the last five years, hosting around 10% of them. Little is known about the characteristics of these migrants and their labor market outcomes. This paper fills this gap, analyzing a new large...

We model consumer choices for cannabis in a risky environment and determine the supply of cannabis under prohibition and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis consumption. We show that this trade-off can be overcome by...

Ecuador has become the third largest receiver of the 4.3 million Venezuelans that left their country in the last five years, hosting around 10% of them. Little is known about the characteristics of these migrants and their labor market outcomes. This paper fills this gap, analyzing a new large...

We call it weed -- Legal vs. illegal : a market battle -- Prices get high -- We ask our data : where's the cheapest legal weed? -- California dreamin' -- Sabrina's story -- Legal weed in 2025 -- How to survive legalization -- Conclusion : five pipe dreams about legal weed.

Introduction to Blockchain-Based Assets / Michael Fluhr and Deborah Meshulam --Blockchain-Based Assets as Securities / Michael Fluhr and Deborah Meshulam -- CFTC Regulation of Blockchain-Based Assets / Daniel Nathan, Jonas Robison, and S. Chris Min -- 4 Federal Taxation of Virtual Currencies /...

We examine the fertility impact of a change in immigration policy granting temporary legal status to undocumented immigrants based on their offspring nationality. The policy, intended to facilitate family reunification, was enacted in a 2011 Royal Decree in Spain. It recognized the ability for...

This study quantifies the economic effects of two major immigration policies aimed at legalizing undocumented individuals that entered the United States as children and completed high school: Deferred Action for Childhood Arrivals (DACA) and the DREAM Act. The former offers only temporary legal...

This study quantifies the economic effects of two major immigration policies aimed at legalizing undocumented individuals that entered the United States as children and completed high school: Deferred Action for Childhood Arrivals (DACA) and the DREAM Act. The former offers only temporary legal...

We examine the fertility impact of a change in immigration policy granting temporary legal status to undocumented immigrants based on their offspring nationality. The policy, intended to facilitate family reunification, was enacted in a 2011 Royal Decree in Spain. It recognized the ability for...

The debate about the prohibition of drugs has taken a fundamental turn with the publication of ‘Regulation: The Responsible Control of Drugs’ by the Global Commission on Drug Policy. This edition of the journal publishes papers addressing how to regulate drugs, which informed the Global...

"Interest in LEGAL Marijuana or Cannabis is growing everywhere. It's in the news. It's a big topic among politicians. CBD is entering everyday products and CBD stores are popping up everywhere. It's legalization is supported by a majority of Americans and people around the world. But with laws...

This study quantifies the economic effects of two major immigration reforms aimed at legalizing undocumented individuals that entered the United States as children and completed high school: Deferred Action for Childhood Arrivals (DACA) and the DREAM Act. The former offers only temporary legal...

We use data from the New Immigrant Survey (NIS) for data on immigrants who were legalized based on family ties or small-scale legalization programs, and the Legalized Population Survey (LPS) for data on immigrants legalized by the IRCA. Estimates suggest that the increase in wage after...