A monetary approach that combines Chartalism, Nominalism, and Command origins of monetary systems is often deemed to have emerged only recently, while the Aristotelian approach (Commodity, Metallism, and Market origins of monetary systems) is the only one that existed until the end of the...

Nicolas Dutot (1684-1741) is an important figure for the history of economic thought, as a pioneer in monetary theory and price statistics, and for economic history as a chronicler of John Law's System. Yet until recently very little about him was known, some of it incorrect. I present extensive...

This working paper provides a survey of the theoretical underpinnings for the various employment guarantee schemes, and discusses full employment policy experiences in the United States, Sweden, India, Argentina, and France. The theoretical and policy developments are delineated in a historical...

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...

Use of public assistance by noncitizens is controversial. Before 2018, institutionalization and receipt of cash benefits were considered as evidence of whether immigrants were likely to become a "public charge" and, therefore, ineligible for citizenship. But a new rule-proposed in 2018 and...

This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985- 2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted...

We investigate whether exposure to immigrant peers at school affects natives' future interactions with ethnic minorities. Identification is based on variation in immigrant exposure across cohorts within school catchment areas in Sweden. We document that natives respond to immigrants by changing...

We study the role of firm productivity in explaining earnings disparities between immigrants and natives using population-wide matched employer-employee data from Sweden. We find substantial earnings returns to working in firms with higher persistent productivity, with greater gains for...

We study the impact of asylum waiting, exploiting a rapid increase in processing times for asylum seekers to Sweden in 2014. Longer waiting slows down the integration process and affects labor market outcomes for an extended period. Accumulated earnings during the first four years after...

We study the spillover effects of immigration enforcement policies on children's human capital. Exploiting the temporal and geographic variation in the enactment of immigration enforcement policies, we find that English language skills of US-born children with at least one undocumented parent...