Most developed countries have foreign aid programs that aim to alleviate poverty and foster economic growth in less developed countries, but with very limited success. A large body of evidence indicates that the root of the economic development problem is cross-country differences in the...

A heightened interest in understanding the remitting practices of immigrants and their impact on a variety of economic indicators has emerged as remittances to developing countries have risen substantially over the past decade. If remittances primarily enhance consumption, they may have no...

New college graduates must choose whether to stay in the geographic area where they completed their degree or move to a new location to begin their careers. This paper classifies 41 U.S. metropolitan areas as “college towns” and investigates differences in employment outcomes between college...