This paper exploits quasi-random variation in the share of Black students across cohorts within US schools to investigate whether interracial contact in childhood impacts the residential choices of Whites in adulthood. We find that, 20 years after exposure, Whites who had more Black peers of the...

This paper exploits quasi-random variation in the share of Black students across cohorts within US schools to investigate whether interracial contact in childhood impacts the residential choices of Whites in adulthood. We find that, 20 years after exposure, Whites who had more Black peers of the...

We analyse income inequality in the UK from 1978 to 2009 in order to understand why income inequality rose very rapidly from 1978 to 1991 but then remained broadly unchanged. We find that inequality in earnings among employees has risen fairly steadily since 1978, but other factors that caused...

Relational contracts are typically modeled as being between a principal and an agent, such as a firm owner and a supplier. Yet in a variety of organizations relationships are overseen by an intermediary such as a manager. Such arrangements open the door for collusion between the manager and the...