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War and Literacy in Liberia: Regional, Cohort, and Ethnic Effects from the Civil Wars (1989 to 2003)

M. Amara Dukuly, University of Minnesota -- On Christmas Eve 1989, a Libyan-backed rebel group led by Charles Taylor invaded Liberia, sparking the First Liberian Civil War, which lasted until 1997. A second conflict followed in 1999 and ended in 2003. After nearly a decade and a half of civil war, Liberia is one of the poorest countries in the world and half of the population is illiterate.

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An Analysis of US Pronatalist Fertility Policy at State Level

Yifei Li, Chenbing Zhou, and Tianshu Xia, University of Colorado Denver -- In recent decades, the United States has experienced a continuous decrease in fertility, which raises concerns regarding labor force shortages and the sustainability of old-age welfare programs. Several states have implemented pronatalist policies, but their effectiveness has not been fully examined. This paper analyzes the impact of parental leave and the child tax credit on fertility at the state level between 1999 and 2023.

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The Hidden Cost of Climate Change: Examining the Rates of Property Insurance Coverage Among Low-Income Households

Rachel Costello, Tulane University -- As destruction from weather events has increased, property insurance premiums have also risen. This article utilizes weather data from the National Oceanic and Atmospheric Administration and household survey data from IPUMS USA to answer the following question: “Is the increase in damaging weather events causing lower-income households to drop their property insurance policies at a disproportionate rate?”.

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Analyzing the Effects of Geopolitical Shocks on the Cryptocurrency Market

Tucker Saland, Princeton University -- The Russo-Ukrainian war had an asymmetric effect on cryptocurrency prices, with some cryptocurrencies appreciating and functioning as hedges against geopolitical risk, even as the rest of the market experienced a downturn. In the aftermath of the war, exchange-level data indicates that individuals in Russia and Ukraine purchased increased amounts of Tether, a stablecoin pegged to the US dollar. This paper has two objectives: (1) examine whether there exists a geopolitical risk premium in the cross-section of cryptocurrency returns using a rolling regression of excess weekly returns on the geopolitical risk index by Caldara, Iacoviello (2018) and control factors, and (2) understand the role of stablecoins during times of geopolitical turmoil.

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Our 2024 Issue

On behalf of the Stanford Economic Review Editorial Board, we are honored to present the twelfth volume of Stanford University’s undergraduate economics journal. Our publication has continued to benefit from robust growth in both readership and volume of submissions, allowing us to reach new audiences across the globe. During the 2023-2024 academic year, we have also made it a priority… Continue reading Our 2024 Issue