This paper investigates the role that discrimination plays in the educational marginalization of foreign youth commonly observed in European countries with a long guestworker tradition. Economic theory offers two basic explanations for discrimination of this form: taste-based discrimination...

This paper examines the costs of recent sovereign defaults using synthetic control methods, a novel econometric technique based on comparative case studies. Evidence on the effects of debt crises is thus presented on a case-by-case basis, uncovering large variations in country-specific...