This paper studies Latin American exchange rate regimes since 1960. We model government exchange rate regime choice, constrained by politics. The model implies that the larger the tradable sectors exposed to international competition, the less likely is the maintenance of a fixed exchange rate...

We investigate how Reconstruction affected Black political participation and socio-economic advancement after the American Civil War. We use the location of federal troops and Freedmen's Bureau offices to indicate more intensive federal enforcement of civil rights. We find greater political...