This study is possibly the first to investigate the impact of carbon dioxide (CO2) emissions on life expectancy for 68 low- and middle-income countries for the 1990-2017 period. The analysis was carried out on a disaggregated basis on two dimensions: (1) the sources of CO2 emissions (i.e.,...

This paper studies how status competition for marriage partners can generate surprising effects on the real exchange rate (RER). In theory, a rise in the sex ratio (increasing relative surplus of men) can generate a decline in the RER. The effect can be quantitatively large if the biological...

This paper studies how status competition for marriage partners can generate surprising effects on the real exchange rate (RER). In theory, a rise in the sex ratio (increasing relative surplus of men) can generate a decline in the RER. The effect can be quantitatively large if the biological...

Rich democracies have experienced a large increase in income inequality starting around 1980, coinciding with a rise in international trade and information technology. The leading theories used to explain changes in the income distribution — skill-biased technological change and globalization...

In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...

This paper explores secular changes in women's pay relative to men's pay. It shows how the human capital model predicts a smaller gender wage gap as male-female lifetime work expectations become more similar. The model explains why relative female wages rose almost unabated from 1890 to the...

Religion is the most paradox, intriguing and social active factor in the world history since the beginning of human society and till the end of it, no matter how evolved or primitive its precepts ever were. For that reason Religion was always a subject for endless study in different perspectives...

The World Economic Forum recognizes that while restrictions on energy affect water systems and vise versa, energy and water policy are rarely coordinated. The International Panel on Climate Change predicts that wet places will become wetter and dry places will become dryer. Transboundary water,...

Today's labor-scarce economies have open trade and closed immigration policies, while a century ago they had just the opposite, open immigration and closed trade policies. Why the inverse policy correlation, and why has it persisted for almost two centuries? This paper seeks answers to this dual...

We reevaluate the hypothesis and empirical result that ethnic civil wars lead to higher skilled emigration (Bang and Mitra, 2013). We develop a simple conceptual framework that predicts contrasting results depending upon if the economy is assumed to be agglomerating in skilled labor or...