We develop two models of economic growth with exhaustible natural resources and consumers heterogeneous in time preferences. The first model assumes private ownership of natural resources. In the second model, natural resources are commonly owned and the resource extraction rate is chosen by...

The Mexican land reform, one of the most sweeping in the world, proceeded in two steps: it granted peasants highly incomplete property rights on more than half of the Mexican territory starting in 1914, creating strong economic and political dependence for beneficiaries on the ruling political...

This paper investigates the effects of local exposure to refugees on electoral outcomes in the 2016 state election in Germany. Based on quasi-random variation in the allocation of refugees across municipalities and unique data on refugee populations and their type of accommodation, I find that...

This paper analyses the political reaction of residents to refugee housings in their neighborhood. The city of Hamburg, Germany, experienced between 2014 and 2021 large refugee inflows that required many new housings. Openings of refugee housings led to an increase in the vote share of...

Immigration is one of the most divisive political issues in many countries today. Competing narratives, circulated via the media, are crucial in shaping how immigrants' role in society is perceived. We propose a new method combining advanced natural language processing tools with dictionaries to...

Addressing climate change requires individual behavior change and voter support for pro-climate policies, yet surprisingly little is known about how to achieve these outcomes. In this paper, we estimate causal effects of additional education on pro-climate outcomes using new compulsory schooling...

We investigate fairness preferences in matching mechanisms using a spectator design. Participants choose between the Boston mechanism or the serial dictatorship mechanism (SD) played by others. In our setup, the Boston mechanism generates justified envy, while the strategy-proof SD ensures...

The positive political returns to providing cash transfers have been well documented. However, redistribution through the tax and transfer system, while direct, is not the only means by which governments seek to change the income distribution: regulation of private market transactions may have a...

We provide new evidence on the effects of economic shocks on political support, voting behaviour and political opinions over the last 25 years. We exploit a sudden, large and long-lasting shock in the form of job loss and trace out its impact on individual political outcomes for up to 10 years...

Promise competition is prevalent in many economic environments, but promise keeping is often difficult to observe. We study the value of transparency for promise competition and ask whether promises still offer an opportunity to honor future obligations when outcomes do not allow for observing...