Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...

Chapter 1. Introduction -- Chapter 2. From Plurality of Issue to Monopoly and Back: 1850-60 -- Chapter 3. From the "Law of Impediments" to Restoration of Monopoly: 1860-66 -- Chapter 4. The Treasury as a Monopolist Note Issuer: 1866-89 -- Chapter 5. Taking Stock: Monetary and Banking Policy in...

Chapter 1: Introduction -- Chapter 2: The war before the war: Limiting the New Deal, 1933-39 -- Chapter 3: Making the most of mobilization, 1939-41 -- Chapter 4: Life on the Periphery, 1941-43 -- Chapter 5: Coming in from the cold: post-war visions crystalize, 1944-45 -- Chapter 6: From strength...