Using data from 16 OECD countries from 1981 to 2014 we study the effects on output of fiscal adjustments as a function of the composition of the adjustment - that is, whether the adjustment is mostly based on spending cuts or on tax hikes - and of the state of the business cycle when the...

We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...

The present paper argues that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of fiscal plans rather than of individual fiscal shocks. The simulation of the fiscal plans adopted by 16 OECD countries over a 30-year period supports the hypothesis that the...

Using the birth certificates data from the Vital Statistics of the USA between 1968 and 1999, we construct state level panel data of different measures of fertility and examine the change in divorce laws. Total fertility declined in states that introduced unilateral divorce, which makes...