We study the role of social learning in the diffusion of cash crops in a resettled village economy in northeastern Brazil. We combine detailed geo-coded data on farming plots with dyadic data on social ties among settlers, and we leverage natural exogenous variation in network formation induced...

In Brazil, different employers report different racial classifications for the same worker. We use the variation across employers to identify the relationship between race and wages. As much as 40 percent of the raw racial wage gap remains after controlling for all individual characteristics...

This study searches for suggestive evidence of an ethnic inequality trap in educational attainment in Brazil and Chile. The research aims to cover an existing gap in the literature on inequality traps and proposes an empirical approach to assess certain conditions which might imply its...

Economic theory predicts that intertemporal decisions depend critically on expectations about future outcomes. Using the universe of professional survey forecasts for the United States, we document the behavior of the entire term structure of expectations for output growth, inflation, and the...

We study the role of social learning in the diffusion of cash crops in a resettled village economy in northeastern Brazil. We combine detailed geo-coded data on farming plots with dyadic data on social ties among settlers, and we leverage natural exogenous variation in network formation induced...

We study the role of social learning in the diffusion of cash crops in a resettled village economy in northeastern Brazil. We combine detailed geo-coded data on farming plots with dyadic data on social ties among settlers, and we leverage natural exogenous variation in network formation induced...

There is a long-held belief that inequality is a major determinant of violent crime, particularly homicides. Some previous studies suggest that these results hold in the short term only. This could result from measurement error in income inequality. This study addresses the issue of measurement...

Affirmative action in higher education may lead to mismatch, a situation where students benefiting from preferential admission struggle with their college-level work because of poor precollege academic preparation. In the United States, those students can switch majors if they underperform in...

A growing body of research shows that firms' employment and wage-setting policies contribute to wage inequality and pay disparities between groups. We measure the effects of these policies on racial pay differences in Brazil. We find that nonwhites are less likely to work at establishments that...