We study the impact of a nation-wide unconditional cash transfer program on labor supply in Iran. In 2011 the government started monthly deposits of cash into individual family accounts amounting to 29% of the median household income. We use panel data and fixed effects to study the causal...

Wide-ranging US sanctions against Iran in the past decade were in large part imposed to harm the living standards of ordinary Iranians in the hope that their leaders would submit to US demands to limit their nuclear program. In this study, I use extensive survey data to assess the impact of...

Sanctions have enormous consequences. Especially when imposed by a country with the economic influence of the United States, sanctions induce clear shockwaves in both the economy and political culture of the targeted state, and in the everyday lives of citizens. But do economic sanctions induce...