Jonathan Rose
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View article: The Limits of the Possible: Third Sector Employability Support for Vulnerable Users and the Challenge of Job Quality
The Limits of the Possible: Third Sector Employability Support for Vulnerable Users and the Challenge of Job Quality Open
Many third‐sector organisations (TSOs) deliver employability support for vulnerable groups, but can they address the quality of jobs their users enter? The question is timely in the UK, given structural constraints presented by its neolibe…
View article: Rushing to Judgment and the Banking Crisis of 2023
Rushing to Judgment and the Banking Crisis of 2023 Open
View article: Data and Code for: The Racial Dynamics of US Neighborhoods and their Housing Prices from 1950 through 1990
Data and Code for: The Racial Dynamics of US Neighborhoods and their Housing Prices from 1950 through 1990 Open
Data and Code for replication of results. Abstract of paper: In this paper, we use k-medians clustering to categorize urban neighborhoods according to the evolution of their Black population share from 1950 through 1990. We use the resulti…
View article: The Racial Dynamics of U.S. Neighborhoods and Their Housing Prices from 1950 Through 1990
The Racial Dynamics of U.S. Neighborhoods and Their Housing Prices from 1950 Through 1990 Open
View article: Prelims
Prelims Open
View article: The World Isn’t Fair, but Shouldn’t Elections Be? Evaluating Prospective Beliefs about the Fairness of Elections and Referenda
The World Isn’t Fair, but Shouldn’t Elections Be? Evaluating Prospective Beliefs about the Fairness of Elections and Referenda Open
Almost all academic literature about the causes and consequences of fairness of elections and referenda is based on retrospective evaluations. One of the strongest findings of such studies is that nonvoting is higher among citizens who ret…
View article: Destruction, Policy, and the Evolving Consequences of Washington, DC’s 1968 Civil Disturbance
Destruction, Policy, and the Evolving Consequences of Washington, DC’s 1968 Civil Disturbance Open
View article: Destruction, Policy, and the Evolving Consequences of Washington, DC’s 1968 Civil Disturbance
Destruction, Policy, and the Evolving Consequences of Washington, DC’s 1968 Civil Disturbance Open
We study the aftermath of the 1968 Washington, DC civil disturbance to illuminate the mechanisms that drive urban redevelopment in the presence of low demand and racial tension. After establishing that civil disturbance property destructio…
View article: New Evidence on Redlining by Federal Housing Programs in the 1930s
New Evidence on Redlining by Federal Housing Programs in the 1930s Open
View article: New Evidence on Redlining by Federal Housing Programs in the 1930s
New Evidence on Redlining by Federal Housing Programs in the 1930s Open
We show that the Federal Housing Administration (FHA), from its inception in the 1930s, did not insure mortgages in low income urban neighborhoods where the vast majority of urban Black Americans lived. The agency evaluated neighborhoods u…
View article: New Evidence on Redlining by Federal Housing Programs in the 1930s
New Evidence on Redlining by Federal Housing Programs in the 1930s Open
We show that the Federal Housing Administration (FHA), from its inception in the 1930s, did not insure mortgages in low income urban neighborhoods where the vast majority of urban Black Americans lived.The agency evaluated neighborhoods us…
View article: Briefing Note: Lockdown Compliance in the UK
Briefing Note: Lockdown Compliance in the UK Open
View article: Winner–loser effects in contentious constitutional referenda: Perceptions of procedural fairness and the Brexit referendum
Winner–loser effects in contentious constitutional referenda: Perceptions of procedural fairness and the Brexit referendum Open
This article addresses a critical gap in the literature on winner–loser effects that consists of the lack of attention for highly contentious constitutional referenda. It uses unique multi-wave panel data of over 13,000 people that is unri…
View article: Collateral Damage: The Impact of Foreclosures on New Home Mortgage Lending in the 1930s
Collateral Damage: The Impact of Foreclosures on New Home Mortgage Lending in the 1930s Open
The Great Depression of the 1930s involved a severe disruption in the supply of home mortgage credit. This paper empirically identifies a mechanism lying behind this credit crunch: the impairment of lenders’ balance sheets by illiquid fore…
View article: The Long-Run Impact of the 1968 Washington, DC Civil Disturbance
The Long-Run Impact of the 1968 Washington, DC Civil Disturbance Open
View article: Housing markets in a time of crisis: A historical perspective
Housing markets in a time of crisis: A historical perspective Open
As the coronavirus (Covid-19) public health crisis unfolds, a second crisis in the economy is developing as well. One economic concern, among many, is the debt burden of households. Early reports point to a surge in unemployment claims dur…
View article: Fake News in Context: Truth and Untruths
Fake News in Context: Truth and Untruths Open
Fake News appears to be the most modern of social problems. After bursting onto the scene in 2016, spurred in no small part by then Presidential candidate Trump and his commitment to a post-truth style of politics, Fake News has become a k…
View article: The structure of attitudes towards shale gas extraction in the United Kingdom
The structure of attitudes towards shale gas extraction in the United Kingdom Open
View article: A Price Index for Residential Real Estate from 1866-1953 in Baltimore
A Price Index for Residential Real Estate from 1866-1953 in Baltimore Open
View article: Collateral Damage: The Impact of Foreclosures on New Home Mortgage Lending in the 1930s
Collateral Damage: The Impact of Foreclosures on New Home Mortgage Lending in the 1930s Open
The Great Depression of the 1930s involved a severe disruption in the supply of home mortgage credit. This paper empirically identifies a mechanism lying behind this credit crunch: the impairment of lenders’ balance sheets by illiquid fore…
View article: Contract Choice in the Interwar US Residential Mortgage Market
Contract Choice in the Interwar US Residential Mortgage Market Open
This paper studies mortgage contract choice in US history using a first-of-its-kind sample of residential loans from 1930 and 1940, linked to the decennial censuses. Contract choices reflected borrowers' reactions to the risks posed by dif…
View article: David Cannadine . Margaret Thatcher: A Life and Legacy. Oxford: Oxford University Press, 2017. Pp. 162. $15.95 (cloth).
David Cannadine . Margaret Thatcher: A Life and Legacy. Oxford: Oxford University Press, 2017. Pp. 162. $15.95 (cloth). Open
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View article: Stigma and the Discount Window
Stigma and the Discount Window Open
One of the primary roles of central banks like the Federal Reserve is to provide liquidity to the financial system, particularly during periods of stress. The discount window is a critical tool for providing that liquidity. In this note, w…
View article: IDB and IIC Project Performance: OVE’s Review of 2016 Project Completion Reports and Expanded Supervision Reports
IDB and IIC Project Performance: OVE’s Review of 2016 Project Completion Reports and Expanded Supervision Reports Open
Assessing the results of individual development operations is essential to learning what works and what does not and thus to increasing the effectiveness of investments in development. The purpose of this independent review is to ensure th…
View article: Brexit, Trump, and Post-Truth Politics
Brexit, Trump, and Post-Truth Politics Open
‘Post-truth politics’ emerged as an enduring theme of 2016; particularly following the Brexit referendum in the UK and the electoral college victory of Donald Trump in the US. Concern about post-truth politics has led some to suggest that …
View article: Approach Paper: Country Program Evaluation: Guyana 2012-2016
Approach Paper: Country Program Evaluation: Guyana 2012-2016 Open
As part of its 2016 annual work plan, the Office of Evaluation and Oversight (OVE) is preparing the evaluation of the Inter-American Development Bank country program with Guyana for the period July 2012-November 2016. This paper sets out t…
View article: Can a Bank Run Be Stopped? Government Guarantees and the Run on Continental Illinois
Can a Bank Run Be Stopped? Government Guarantees and the Run on Continental Illinois Open
This paper analyzes the run on Continental Illinois in 1984. We find that the run slowed but did not stop following an extraordinary government intervention, which included the guarantee of all liabilities of the bank and a commitment to p…
View article: The Resolution of a Systemically Important Insurance Company during the Great Depression
The Resolution of a Systemically Important Insurance Company during the Great Depression Open
This paper explores the economic issues related to systemically important insurance companies, using an example from the Great Depression, the National Surety Company. National Surety was a large and diverse insurance company that experien…
View article: Old-Fashioned Deposit Runs
Old-Fashioned Deposit Runs Open
This paper characterizes the deposit runs that occurred in the commercial banking system during 2008 and compares them with deposit runs during the 1930s. The importance of withdrawals by large depositors is a strong source of continuity a…
View article: Credit Availability and the Collapse of the Banking Sector in the 1930s
Credit Availability and the Collapse of the Banking Sector in the 1930s Open
This paper examines the mechanism through which banking sector distress affects the availability of credit using the experience of the United States during the Great Depression. We utilize previously neglected data from a 1934 survey condu…