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A free and informative press is widely agreed to be crucial to the democratic process today. But throughout much of the nineteenth century U.S. newspapers were often public relations tools funded by politicians, and newspaper independence was a rarity. The newspaper industry underwent...
Persistent link: https://www.econbiz.de/10012467899
The United States today, according to most studies, is among the least corrupt nations in the world. But America's past was checkered with political scandal and widespread corruption that would not seem unusual compared with the most corrupt developing nation today. We construct a "corruption...
Persistent link: https://www.econbiz.de/10012467915
We use a data set of federal corruption convictions in the U.S. to investigate the causes and consequences of corruption. More educated states, and to a less degree richer states, have less corruption. This relationship holds even when we use historical factors like education in 1928 or...
Persistent link: https://www.econbiz.de/10012467868
American local governments own and manage a wide portfolio of enterprises, including gas and electricity companies, water systems, subways, bus systems and schools. Existing theories of public ownership, including the presence of natural monopolies, can explain much of the observed municipal...
Persistent link: https://www.econbiz.de/10012470103
Should the national government undertake policies aimed at strengthening the economies of particular localities or regions? Agglomeration economies and human capital spillovers suggest that such policies could enhance welfare. However, the mere existence of agglomeration externalities does not...
Persistent link: https://www.econbiz.de/10003785750
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Do urban children live more segregated lives than urban adults? Using cellphone location data and following the 'experienced isolation' methodology of Athey et al. (2021), we compare the isolation of students over the age of 16--who we identify based on their time spent at a high school--and...
Persistent link: https://www.econbiz.de/10012814420
Immigration can expand labor supply and create greater competition for native-born workers. But immigrants may also start new firms, expanding labor demand. This paper uses U.S. administrative data and other data resources to study the role of immigrants in entrepreneurship. We ask how often...
Persistent link: https://www.econbiz.de/10012481081
How effective are restrictions on mobility in limiting COVID-19 spread? Using zip code data across five U.S. cities, we estimate that total cases per capita decrease by 20% for every ten percentage point fall in mobility. Addressing endogeneity concerns, we instrument for travel by residential...
Persistent link: https://www.econbiz.de/10012481374