We use longitudinal data to assess whether individuals who place greater importance on marriage and family pay a price for that priority in subsequent labor market success. Male respondents placing a high priority on marriage and family before entering the labor market can earn more, a finding...

Nonmarital childbearing has increased dramatically in the United States in recent decades. A great deal of attention has been paid by both academics and policy makers to this increase, in part because of concerns that having a single mother negatively affects child outcomes. We use the Early...

Microfinance institutions and other lenders in developing countries rely on the promise of future loans to induce repayment. However, if borrowers expect that others will default, and so loans will no longer be available in the future, then they will default as well. We refer to such contagion...

The restoration of depleted wild salmon stocks in the Northwestern U.S. could be advancede with the re-introduction of in- river fixed gear tehcniques such as fishwheels, which offer substantial eocnomic, biological, and stock assessment advantages. A dynamic simulation model is used to...

The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives....