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American business seems to be infatuated with its workers' "leadership" skills. Is there such a thing, and is it … leadership positions in high school earn more as adults, even when cognitive skills are held constant. The pure leadership …-wage effect varies from four percent for a broad definition of leadership in 1971 to twenty-four percent for a narrow definition …
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We estimate the long-run effects of the 1930s Home Owners Loan Corporation (HOLC) redlining maps on census tract-level measures of socioeconomic status and economic opportunity from the Opportunity Atlas (Chetty et al. 2018). We use two identification strategies to identify the long-run effects...
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Applications to elite US colleges have more than doubled over the past 20 years, with little change in the number of available seats. We examine how this increased competition has affected the admissions advantage that legacies and athletes (LA) receive. Using data on Harvard applications over...
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