Working Papers

In this article, we present overviews of the research on discrimination in mortgage underwriting and pricing, the experiences of minority borrowers prior to and during the financial crisis and federal efforts to mitigate foreclosures during the crisis.

This paper examines the economic impact of a tuberculosis control program launched in Norway in 1948. In the 1940s, Norway had one of the highest tuberculosis infection rates in Europe, affecting about 85 percent of the inhabitants.

A growing literature documents the positive long-term effects of policy-induced improvements in early-life health and nutrition.

The intergenerational income elasticity (IGE), ubiquitously estimated in the economic mobility literature, has been misinterpreted as pertaining to the expectation of children’s income when it actually pertains to its geometric mean.

Although the intergenerational income elasticity (IGE) has long been the workhorse measure of economic mobility, this elasticity has been widely misinterpreted as pertaining to the conditional expectation of children’s income when it actually pertains to its conditional geometric mean.

The intergenerational elasticity (IGE) has been assumed to refer to the expectation of children’s income when in fact it pertains to the geometric mean of children’s income.

Through the custom of guardianship, husbands typically have the final word on their wives’ labor supply decisions in Saudi Arabia, a country with very low female labor force participation (FLFP).

The importance of non-cognitive skills in determining long-term human capital and labor market outcomes is widely acknowledged, but relatively little is known about how educational investments by parents may respond to children’s non-cognitive characteristics.

We use a novel survey of poor and near poor urban young adults in Peru to study the role of hope in individuals’ propensity to invest in the future.

When macroeconomic tools fail to respond to wealth inequality optimally, regulators can still seek to mitigate inequality within individual markets.