"In the mid-twentieth century, relative black wage growth in the North lagged behind the Jim Crow South. Inter-regional migration may explain this trend. Four million black southerners moved North from 1940 to 1970, more than doubling the northern black population. Black migrants will exert more...

In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...

In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...

"The share of metropolitan residents living in central cities declined dramatically from 1950 to 2000. We show that, if not for a series of demographic factors - notably renewed immigration, delayed child bearing, and a decline in the share of households headed by veterans, who are eligible for...