European Integration as a Determinant of Foreign Direct Investment in Central and Eastern Europe, 1995-2013

By Domagoj Babic. Princeton University.

When companies choose to undertake foreign direct investments (FDI) in emerging countries (such as those in Central and Eastern Europe) rather than… Continue reading European Integration as a Determinant of Foreign Direct Investment in Central and Eastern Europe, 1995-2013

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Explaining the Immigrant-Native Wage Gap

By Nicole Gorton and Sylvia Klosin. University of Chicago.

Do female immigrants earn as much as their native counterparts, and if not, why not? We establish the existence of a wage gap between female U.S. born and female immigrant workers, then try to explain what factors drive this gap. Continue reading Explaining the Immigrant-Native Wage Gap

Cryptocurrency Competition and Dynamics

By Thomas Gebhart. University of Minnesota.

We build a model of competition among privately issued cryptocurrencies. We use a well-known monetary economics environment, the Lagos-Wright model, and include founders who can issue their own currencies in order to maximize their utility. Founders are endowed with productive capital that allows them to invest in projects that span multiple periods. Continue reading Cryptocurrency Competition and Dynamics

The Impact of Increasing Charter School Enrollment on the Achievement Gap: Evidence from Michigan

By Charles Weber. Harvard University.

Does increasing student access to charter schools lead to more equitable outcomes for all? More specifically, does increasing the number of students who attend charters in a district lead to a narrowing achievement gap… Continue reading The Impact of Increasing Charter School Enrollment on the Achievement Gap: Evidence from Michigan

Health Consequences of Legal Origin

By Cole Scanlon. Harvard University.

Considerable economic research suggests that the historical origin of a countrys laws is associated with legal rules and economic outcomes. This paper investigates differing public health outcomes of countries with common law legal origin (the British model) and civil law legal origin (the French model). Continue reading Health Consequences of Legal Origin