How are things in North Jutland these days?

Prime Minister Mette Frederiksen announced special restrictions for more than 280,000 people in the north of Denmark on Thursday after a mutated version of the new coronavirus linked to mink farms was found in humans. Copenhagen warned that the mutation could threaten the effectiveness of any future vaccine. “From tonight, citizens in seven areas of […]

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The local amenities effect of Prohibition

Comparing same-state early and late adopters of county dry laws in a difference-in-differences design, we find that early Prohibition adoption increased population and farm real estate values. Moreover, we find strong effects on farm productivity consistent with increased investment due to a land price channel. In equilibrium, the amenity change disproportionately attracted immigrants and African-Americans. […]

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