We use newly digitized records from the U.S. Post Office to study how strengthening state capacity affects public …

the presence of post offices in a county, on innovation. We show that between 1804 and 1899, the time when the US became … the world technological leader, there is a strong association between the presence and number of post offices in a county …

the knowledge-capital model', which simultaneously generates motives for both horizontal and vertical multinational …

neoclassical model of investment with physical capital, quasi-fixed labor, and two types of intangible capital, knowledge and brand …'s market value, installed labor force accounts for 14% to 22%, knowledge capital accounts for 20% to 43%, and brand capital … of knowledge capital increased, especially in high-tech industries. Overall, our analysis provides direct empirical …

have, on average, positive causal treatment effects on financial knowledge and downstream financial behaviors. Treatment …