This paper provides an analysis of potential unequal burden of bribery in schools on poor households in developing countries. The rich are more likely to pay bribes in the standard model where the probability of punishment for bribe taking by a teacher is the same irrespective of income of the...

We use data from a unique survey of members of drug-trafficking gangs in favelas (slums) of Rio de Janeiro, Brazil, to characterize drug-trafficking jobs and study the selection into gangs, analyzing what distinguishes gang-members from other youth living in favelas. We also estimate wage...

We explore three hitherto poorly understood characteristics of the human trafficking market – the cross-border ease of mobility of traffickers, the relative bargaining strength of traffickers and final buyers, and the elasticity of buyers' demand. In a model of two-way bargaining, the exact...

Recent years have seen an explosion of financial innovation. Much of this innovation seeks to exploit inconsistencies in the regulatory environment, and one of the most popular techniques for doing so uses put-call parity. Nonetheless, regulatory arbitrage using put-call parity is not a new...

Spanish Abstract: Este artículo presenta una aproximación teórica a la relación causal entre el precio de los recursos naturales y las trampas de pobreza para el caso de un país productor de minerales. Partiendo de un modelo de generaciones traslapadas donde las decisiones de ahorro,...

In many models of corruption where enforcement is unbiased and the official maximizes her income, the rich are more likely to pay bribes for their children's education, implying that corruption reduces educational inequality. We develop models of bribery that reflect the fact that, in developing...

The combination of political and climate crises in early 2017 create the conditions for the ultimate perfect storm. The dramatic collapse of polar ice-sheets, coupled with climatic and weather conditions increasingly hostile to human life and livelihoods, appear to demand an immediate...

This paper examines ethnicity among highly skilled immigrants to the United States. The paper focuses on five classic components of ethnicity - country of birth, race, skin color, language, and religion - among persons admitted to legal permanent residence in the United States in 2003 in the...

This paper uses the staggered implementation of a legal change in inheritance law in India to estimate the effect of women's improved access to inheritance on violence against women. I find that the aggregate rate of violence against women ( including female suicides) fell. This fall is due to...

Cybercrime is typically profiled as a skill-intensive crime committed by educated, young criminals. This observation raises the controversial question of whether advanced knowledge and skills are a pull factor of cybercrime. In this paper, the linkage between e-skills and cybercrime is...