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-scale, multi-site randomized controlled study of monthly unconditional cash transfers starting at the time of a child's birth. We … find that the cash transfers increased spending on child-specific goods and mothers' early-learning activities with their … infants. The marginal propensity to consume child-focused items from the cash transfer exceeded that from other income …
Persistent link: https://www.econbiz.de/10013362033
early 1900s had significant impact on labor markets, economic activity, family formation, death rates, and crime …
Persistent link: https://www.econbiz.de/10012462956
It is difficult for private agents to produce money that circulates at par with no questions asked. We study two cases of privately-produced money: pre-Civil War U.S. private banknotes and modern stablecoins. Private monies are introduced when there are no better alternatives, but they initially...
Persistent link: https://www.econbiz.de/10012814485
How far did antebellum bank notes travel? Up to now, we did not know. Using previously overlooked data on interbank holdings of bank notes and the records of a small-time note broker, I find that most bank notes circulated within about 50 miles of the issuing banks. Few notes were observed from...
Persistent link: https://www.econbiz.de/10014437017
is higher for consumers that took cash advances, a proxy for low financial sophistication. Relative to a counterfactual …
Persistent link: https://www.econbiz.de/10014337781
We run a field experiment and a survey experiment to study an active choice nudge. Our nudge is designed to reduce the anchoring of credit card payments to the minimum payment. In our field experiment, the nudge reduces enrollment in Autopaying the minimum from 36.9% to 9.6%. However, the nudge...
Persistent link: https://www.econbiz.de/10014447247
effects of officer experience on neighborhood crime. Equalizing officer seniority across districts would reduce violent crime … rate by 4.6 percent and significantly decrease inequality in crime, discretionary arrests, and officer use of force across …
Persistent link: https://www.econbiz.de/10012629463
Correctional facilities commonly lack climate control, producing a setting absent endogenous responses to hot weather like avoidance, adjustment, and mitigation. We study daily weather variation across the state of Mississippi, and show that high temperatures increase intense violence among the...
Persistent link: https://www.econbiz.de/10012599277
consumption will serve as a "gateway" to harder drug use and crime. Using data covering the period 2000-2019 from a variety of … national sources (the National Survey of Drug Use and Health, the Uniform Crime Reports, the National Vital Statistics System …
Persistent link: https://www.econbiz.de/10012599328
handgun carry permit holders. We use detailed crime and handgun carry permit data for the city of Memphis to estimate the …
Persistent link: https://www.econbiz.de/10013191035