In this article we test whether the introduction of social insurance has led to a reduction in private insurance purchases and precautionary saving by examining the introduction of workers' compensation. Our empirical analysis is based on the financial decisions of over 7,000 households surveyed...

A central question concerning the economic motivation for the adoption of workers' compensation is the extent to which workers had access to their desired levels of private accident insurance around the turn of the century. If insurance were rationed, then workers' primary option would have been...

This paper examines the impact of New Deal relief programs on demographic outcomes in major U.S. cities during the 1930s. A five-equation structural model is estimated that tests the effect of the relief spending on infant mortality, non-infant mortality, and fertility. For 111 cities for which...

Market responses to legislative reforms often mitigate the expected gains that reformers promise in legislation. Contemporaries hailed workers' compensation as a boon to workers because it raised the amount of post-accident compensation paid to injured workers. Despite the large gains to...

The article examines the impact of New Deal relief programs on infant mortality, non-infant mortality, and general fertility rates in major U.S. cities between 1929 and 1940. Effects are estimated using a variety of specifications and techniques for a panel of 114 cities that reported...

The Agricultural Adjustment Act (AAA) was associated with a population shift in the United States in the 1930s. Evaluating the relationship between the AAA and the incidence of malaria can therefore offer important lessons regarding the broader consequences of demographic changes. Using a...

The Great Depression offers a unique laboratory to investigate the causal impact of migration on local labor markets. We use variation in the generosity of New Deal programs and extreme weather events to instrument for migrant flows to and from U.S. cities. In-migration had little effect on the...