Opioid overdose is the most common cause of accidental death in the United States and no policy response has been able to contain this epidemic to date. We examine whether local access to medical cannabis can reduce opioid-related mortality. Using a unique data set of medical cannabis...

Small businesses are vital to the municipalities they serve. Significant government resources and geographically-targeted economic policies are allocated toward enhancing their presence and impact on the community. In this paper, we exploit a television show contest among small towns for a...

We estimate the effect of asylum seekers on house prices in England and Wales from 2004 to 2015, and find, using panel data and time series methods, that the government's dispersal policies have had small but statistically significant negative effects on housing prices, especially for...

We use firm-level data on formal and informal production in India to examine the sectoral consequences of government investment in public infrastructure. Our results indicate that the output elasticity of public capital, proximity to highway infrastructure, time since project completion, and...

This paper examines two important channels which influence the dynamic absorption of remittances at the macroeconomic level: (i) the presence of borrowing constraints, and (ii) the distribution of remittances across recipient households. Using an open economy DSGE model with heterogeneous...