Though online technology has generated excitement about its potential to increase access to education, most research has focused on…
This article is based on the author's Homer Jones Memorial Lecture delivered at the Federal Reserve Bank of St. Louis, April 6, 2016.
This paper presents the first-ever comprehensive estimate of the total economic value of the National Parks Service. The estimate covers…
Recent research has stressed the importance of long-run place effects on income and economic mobility, but the literature has struggled to…
In this paper we provide a model of Research Joint Venture (RJV), and study the incentives of competing firms to cooperate in product…
When it comes to the rise in economic inequality since the 1970s in the United States and some other advanced economies, it doesn’t really…