Large-scale increases in discrimination can lead to dismissals of highly qualified managers. We investigate how … expulsions of senior Jewish managers, due to rising discrimination in Nazi Germany, affected large corporations. Firms that lost … Jewish managers experienced persistent reductions in stock prices, dividends, and returns on assets. Aggregate market value …

This paper investigates the effect of physicians on infant mortality, stillbirths and the incidence of common childhood … endogeneity of health care supply is addressed by using the expulsion of Jewish physicians from health insurance schemes by the … control function approach. Our results indicate that the marginal returns to physicians are highly nonlinear and decreasing …

there is substantial variation in the quality of physicians, as measured by patients’ post-assignment mortality, in the …

expulsion of Jewish physicians from statutory health insurance as exogenous variation in regional physician supply. Increases in … the supply of physicians reduce infant mortality and mortality from common childhood diseases. Using a semiparametric …

We analyze prescription behavior of physicians in the public and private sector. We study two major diseases for which … private sector physicians are more likely to prescribe the expensive medication. The result holds after controlling for … our cases, we further find that the same physicians prescribe different medication when working in different sectors …