We show how small initial wealth differences between low skilled black and white workers can generate large differences in their labor-market outcomes. This even occurs in the absence of a taste for discrimination against blacks or exogenous differences in the distance to jobs. Because of the...

Limited access to safe transportation is one of the greatest challenges to labor force participation faced by women in developing countries. This paper quantifies the causal impacts of improved urban transport systems in women´s employment outcomes, looking at Bus Rapid Transit (BRT) and...

This paper analyzes a bike-sharing service from both network efficiency and demand profiles perspectives. Specifically, it focuses on the BIZI service in the city of Zaragoza (Spain), which was launched in May 2008 with the aim of increasing the use of the bicycle in the city. Since then, the...

This paper discusses the transportation challenges that urban areas in Latin America and the Caribbean face and reviews the causal evidence on the impact brought by different urban transport system interventions implemented around the world. The objective is to highlight the main lessons learned...

We document a large and persistent anomaly in the UK car insurance market over the period 2012-13: insurance companies charged a higher premium for third-party (liability) insurance than comprehensive insurance (which includes third-party). Furthermore, some companies charged higher prices for...

How do truck drivers perceive the risk they face from automation and their opportunities to retrain for employment in a different occupation? Autonomous vehicle (AV) technology has made rapid progress in recent years, so these questions are likely salient to truckers. Based on surveys of the new...

Car exhaust is a major source of air pollution, but little is known about its impacts on population health. We exploit the dispersion of emissions-cheating diesel cars - which secretly polluted up to 150 times as much as gasoline cars - across the United States from 2008-2015 as a natural...

The stock market influences some of the most fundamental economic decisions of investors, such as consumption, saving, and labor supply, through the financial wealth channel. This paper provides evidence that daily fluctuations in the stock market have important - and hitherto neglected -...

In response to COVID-19, dramatic safer-at-home policies were implemented. The understanding of their impacts on social distancing, travel and pollution is in its infancy. We pair a differences-in-differences framework and synthetic control methods with rich cellular tracking and high frequency...

This paper estimates the effects of temporary driver's license suspensions on driving behavior. A little known rule in the German traffic penalty catalogue maintains that drivers who commit a series of speeding transgressions within 365 days should have their license suspended for one month. My...