Dube, Lester, and Reich (2010) argue that state-level minimum wage variation correlated with economic shocks generates spurious evidence that higher minimum wages reduce employment. Using minimum wage variation within contiguous county pairs sharing a state border, they find no relationship...

Dube, Lester and Reich (2010, DLR), using state minimum wage discontinuities across bordering counties and Quarterly Census of Employment and Wages data, did not detect negative minimum wage effects on restaurant employment. Jha, Neumark and Rodriguez-Lopez (2024, JNR) claim that looking within...

Why do banks fail? We create a panel covering most commercial banks from 1865 through 2023 to study the history of failing banks in the United States. Failing banks are characterized by rising asset losses, deteriorating solvency, and an increasing reliance on expensive non-core funding....

This study utilizes the granular Japanese customs data from 2014 to 2020 to examine the exchange rate pass-through (ERPT) to Japanese import prices. It mainly focuses on the impact of the invoicing currency choice on ERPT. The ERPT elasticity in products invoiced in the exporter's currency is...

A new wave of social service programs aims to build a pathway out of poverty by helping clients define their own goals and then supporting them flexibly and intensively over multiple years to meet those goals. We conduct a randomized controlled trial of one such program. Participants randomly...

Approximately 27.5 million individuals fell victim to forced labor in 2021. The Indian construction industry is particularly vulnerable to forced labor as workers experience excessive work hours, required work on rest days, and unpaid wages. Micro-contractors (MCs), who oversee worker...

This chapter explores the interaction between the enforcement of and compliance with difficult-to-enforce rules in the context of data regulation. We focus on the effect of the introduction of the GDPR and its transparency principle on the readability of privacy policies for a large sample of...