This paper exploits a unique ongoing experiment to analyze the effects of early rearing conditions on physical and mental health in a sample of rhesus monkeys (Macaca mulatta). We analyze the health… (More)
We test the robustness of the results of Cutler and Lleras-Muney (2010) on the role of personality in explaining the education-health gradient by using alternative measures of child personality… (More)
Industrial regulations are typically designed with a particular policy objective and set of firms in mind. When input-output linkages connect firms across sectors, such “piecemeal” regulations may… (More)
As much as 20% of the incarcerated population comprises individuals held prior to trial, typically because bail has not been posted. Using a large sample of criminal cases in Philadelphia and… (More)
We study the relationship between exporters' organizational structure and output quality. If only input quantity is observable, theory predicts that vertical integration may be necessary to… (More)
Borrowers with large mortgages relative to their home values are more likely to default. This paper asks whether this correlation is due to moral hazard—larger balances causing borrowers to default—… (More)
A growing literature establishes that high quality early childhood interventions targeted toward disadvantaged children have substantial impacts on later life outcomes. Little is known about the… (More)