(Friday, 22nd May 2020)
Title : The Origins, Consequences, and Future of Political Borders and their Influence on the Economy
There exists a large branch of literature that employs changing political borders as natural experiments that allow to quantify the effect of market integration for the economy ranging from international trade to local housing markets. Another literature has argued that border changes are endogenous, tries to explain how the modern map has been drawn, and allows us to better understand history as well as economic growth. In this session, we will review this literature and analyze its major findings, common themes, and its methodology.