Were compulsory attendance and child labor laws responsible for the incredible growth in secondary schooling from 1915 to 1939? Using 1960 census data, I find that legally requiring children to attend school for 1 more year, by increasing the age required for a work permit or lowering the...

This paper studies the effect of state-level banking regulation on financial development and on components of state-level growth in the United States from 1900 to 1940. We use these banking laws to assess the findings of a large recent literature that has argued that financial development...