Showing 1 - 10 of 184
The Ku Klux Klan reached its heyday in the mid-1920s, claiming millions of members. In this paper, we analyze the 1920s Klan, those who joined it, and the social and political impact that it had. We utilize a wide range of newly discovered data sources including information from Klan membership...
Persistent link: https://www.econbiz.de/10012759820
monopoly) who defend endowments from predators. We provide conditions under which a Mafia emerges, persists and is stable … enforcement to the rich than would a welfare-maximizing state - hence the State may find it difficult to replace the Mafia or …
Persistent link: https://www.econbiz.de/10013215342
Why does illegal trade often flourish without formal enforcement, but sometimes fail? Why do illegal trade-reducing policies often fail? Why do States often appear to tolerate illegal trade? A model of trade with cops and robbers provides answers. `Safety in numbers' is a key element: the...
Persistent link: https://www.econbiz.de/10013245087
We investigate how criminal organizations strategically use violence to influence elections in order to get captured politicians elected. The model offers novel testable implications about the use of pre-electoral violence under different types of electoral systems and different degrees of...
Persistent link: https://www.econbiz.de/10012996383
Canonical models of crime emphasize economic incentives. Yet, causal evidence of sorting into criminal occupations in response to individual-level variation in incentives is limited. We link administrative socioeconomic microdata with the universe of arrests in Medellín over a decade. We...
Persistent link: https://www.econbiz.de/10012863694
We document that the spread of the Mafia in Sicily at the end of the 19th century was in part shaped by the rise of …, estate managers and local politicians to turn to the Mafia to resist and combat peasant demands. We show that the location of …, we establish the causal effect of the Peasant Fasci on the location of the Mafia in 1900. We provide extensive evidence …
Persistent link: https://www.econbiz.de/10012941171
The Catholic Church has been making saints for centuries, typically in a two-stage process featuring beatification and canonization. We analyze determinants of rates of beatification and canonization (for non-martyrs) over time and across six world regions. The research uses a recently assembled...
Persistent link: https://www.econbiz.de/10013130549
Trends in BMI values are estimated by centiles of the US adult population by birth cohorts 1886-1986 stratified by ethnicity. The highest centile increased by some 18 to 22 units in the course of the century while the lowest ones increased by merely 1 to 3 units. Hence, the BMI distribution...
Persistent link: https://www.econbiz.de/10013139523
The introduction of the direct reduction (fully-amortized) loan contract to the U.S. residential mortgage market is an important instance of financial innovation. We describe the adoption of this contract within the building and loan (B&L) industry beginning in the 1880s and culminating in the...
Persistent link: https://www.econbiz.de/10013100674
This paper examines sovereign lending to Latin America and the Caribbean from 1820 to 1913. We examine four waves of capital flows where defaults were followed by a return to market access. In spite of extended default, countries kept promising high returns that attracted international investors...
Persistent link: https://www.econbiz.de/10013100987