Wealthy individuals often voluntarily provide public goods that the poor also consume. Such philanthropy is perceived as legitimizing one’s wealth. Governments routinely exempt the rich from taxation on grounds of their charitable expenditure. We examine the normative logic of this exemption....

We investigate the effect of skin tone on employment probabilities in a longitudinal data set. Using an objective measure of skin tone from a light-spectrometer and a self-reported measure of race we find that over time the effect of skin tone on employment has diminished. These results hold...

Identifying the effect of parental incomes on child outcomes is difficult due to the correlation of unobserved ability, education levels and income. Previous research has relied on the use of instrumental variables to identify the effect of a change in household income on the young adult...