We examine the long-term impact of forced labour on individual risk behaviour and economic decisions. For that, we focus on a policy of coercive cotton cultivation enforced in colonial Mozambique between 1926 and 1961. We combine archival sources about the boundaries of historical cotton...

This paper estimates the size of the media multiplier, a model-based measure of how far media coverage magnifies the economic response to shocks. We combine monthly aggregated and anonymized credit card activity data from 114 card issuing countries in 5 destination countries with a large corpus...

Chapter 1: Perceptions -- Chapter 2: Making Decisions: Lessons from Behavioural Economics -- Chapter 3: Establishing the Socialist Workplace: Labour, Norms and the Introduction of Piecework -- Chapter 4: Learning from the Soviet Union Means Learning to Win: Group Technology and the Mitrofanov...