Numerous studies demonstrate that the highly educated are more likely to vote. The literature has not determined, however, why this is the case. The panel structure of the Current Population Survey allows us to exploit exogenous life cycle differences across otherwise similar cohorts, so that...

Enforcement agencies have a relatively good understanding of how to measure the loss of price competition caused by merger. However, when firms compete in multiple dimensions, merger effects are not well understood. In this paper, we study mergers in industries where firms compete by setting...