Using novel scenario-based survey questions that randomize the expected duration of the Russian invasion of Ukraine and Middle East conflict, we examine the causal impact of geopolitical risk on consumers' beliefs about aggregate economic conditions and their own financial outlook. Expecting a...

This paper provides evidence of the long-run effects of a permanent increase in agricultural productivity on conflict. We construct a newly digitized and geo-referenced dataset of battles in Europe, the Near East and North Africa covering the period between 1400 and 1900 CE. For variation in...

Recent theories of the Long Divergence between Middle Eastern and Western European economies focus on Middle Eastern (over-)reliance on religious legitimacy, use of slave soldiers, and persistence of restrictive proscriptions of religious (Islamic) law. These theories take as exogenous the...

Individuals of Middle Eastern and North African (MENA) ancestry in the US have been targeted by anti-immigrant and counterterrorism policies and have been the focus of vitriolic political rhetoric. Despite this, lack of data identifying MENA individuals has prevented systematic evaluation of the...

We examine the age profile of subjective wellbeing and illbeing in nine Asian countries (Bangladesh, Hong Kong, India, Indonesia, Japan, Pakistan, Philippines, Singapore, Sri Lanka) and seven Middle Eastern countries (Iraq, Israel, Jordan, Turkey, Saudi Arabia, the UAE and Yemen). We find the...

In the World Bank Enterprise Survey, the share of entrepreneurs who are women first rises and then falls with national income, which reverses the well-known U-shaped relationship between female labor force participation and economic development. This paper presents a model of entrepreneurship in...

Culture shapes how policies are made and how people react to them. This chapter explores how culture and development policy affect each other. First, we provide evidence that cultural mismatch -- specifically a mismatch between project manager background and the location of project...

This study reviews the culture and institutions of Confucianism and explores their implications for the trajectory of China's historical development. We trace the origins and evolution of the core elements of Confucianism and synthesize research on its relationship to clan culture, state...

Tourism is a fast-growing services sector in developing countries. This paper combines a rich collection of Mexican microdata with a quantitative spatial equilibrium model and a new empirical strategy to study the long-term economic consequences of tourism both locally and in the aggregate. We...

How integrated are labor markets within a country? Labor mobility is key to the integration of local labor markets and therefore to understanding the efficacy of policies to reduce regional inequality. We present a comprehensive framework for understanding migration decisions, focusing on the...