This paper examines how estimates of the price elasticity of demand for beer vary with the choice of alcohol price series examined. Our most important finding is that the commonly used ACCRA price data are unlikely to reliably indicate alcohol demand elasticities--estimates obtained from this...

Recent studies analyzing the effects of religion on various economic, social, health and political outcomes have been largely associational. Although some attempts have been made to establish causation using instrument variable (IV) or difference-in-difference (DID) methods, the instruments and...

Among the many unresolved questions regarding the determinants of violence is the role of prohibitions against drugs and alcohol. Conventional wisdom holds that consumption of these goods encourages violence and that prohibitions discourage such consumption; thus, prohibitions reduce violence....

I study the impact of transportation on health in the rural US, 1820–1847. Measuring health by average stature, I find that greater transportation linkage, as measured by market access, in a cohort's county-year of birth had an adverse impact on its health. A one-standard deviation increase in...

After adjusting for sample-selection bias, I find a net decline in average stature of 0.64 inches in the birth cohorts of 1832--1860 in the US. This result supports the veracity of the Antebellum Puzzle—a deterioration of health during early modern economic growth in the US. However, this...

Females live longer than males in most parts of the world today. Among OECD nations in recent years, the difference in life expectancy at birth is around four to six years (seven in Japan). But have women always lived so much longer than men? They have not. We ask when and why the female...

Economic studies typically underestimate incremental changes in consumer goods and design innovations that enhance allocative efficiency and structural dynamics. This paper assesses over 12,000 innovations by female patentees and participants in industrial fairs and prize-granting institutions...

I discuss available evidence about the evolution of top wealth shares in the United States over the last one hundred years. The three main approaches – Survey of Consumer Finances, estate tax multiplier techniques and capitalization method – generate generally consistent findings until...

This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We...