This paper investigates the relationship between share prices and mental health, exploiting the availability of interview dates in the British Household Panel Survey to match the level and changes in the FTSE All Share price index to respondents over the period 1991-2008. We present evidence...

Rationale: Physical pain is one of the most severe of human experiences. It is thus one of the most important to understand. Objective: This paper reports the first cross-country study of the links between physical pain and the state of the economy. A key issue examined is how the level of pain...

This paper draws together, in the form of a survey, a number of different aspects of the United Kingdom's international migration experience since the Second World War. The areas covered include changes in the volume and composition of international migration and the factors influencing...

On their intensive margins, firms in the British engineering industry adjusted to the severe falls in demand during the 1930s Depression by cutting hours of work. This provided an important means of reducing labour input and marginal labour costs, through movements from overtime to short-time...

The transition from sail to steam for emigrant ships on the route to Australia took place in the early 1880s, nearly two decades later than on the route across the Atlantic. The lag can be accounted for by the incremental improvement in steam technology and by aspects of economic and business...

This paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation (SIPP) for 2004-2010, a period that includes the Great Recession of 2007-09. We find that a one percentage point increase in...

Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey....

Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...

Most labor scarce overseas countries moved decisively to restrict their immigration during the first third of the 20th century. This autarchic retreat from unrestricted and even publiclysubsidized immigration in the first global century before World War I to the quotas and bans introduced...

It is well known that the organizing environment for labor unions in the U.S. has deteriorated dramatically over a long period of time, contributing to the sharp decline in the private sector union membership rate and resulting in many fewer representation elections being held. What is less well...