This paper estimates the causal effect of police on traffic fatalities and injuries. Due to simultaneity, estimating the causal effect of police on crime is often difficult. We overcome this obstacle by focusing on a mass layoff of Oregon State Police in February of 2003, stemming from changes...

Over the last few years, marijuana has become legally available for recreational use to roughly a quarter of Americans. Policy makers have long expressed concerns about the substantial external costs of alcohol, and similar costs could come with the liberalization of marijuana policy. Indeed,...

Over the last few years, marijuana has become legally available for recreational use to roughly a quarter of Americans. Policy makers have long expressed concerns about the substantial external costs of alcohol, and similar costs could come with the liberalization of marijuana policy. Indeed,...