The paper reviews an event of 30 years ago from the perspective of today: a successful G-5 initiative to reverse what had been a…
Why should developing countries buy expensive catastrophe (CAT) insurance? Abstracting from risk aversion or hedging motives, we find that…
In 2007 a prominent British alternative-rock band, Radiohead, pre-released its album In Rainbows online, and asked their fans to “pick-…
It is tempting to view economic events in China through a single template: the view that they are driven by government intervention because…
School choice systems aspire to delink residential location and school
assignments by allowing children to apply to schools outside of…
We study approximately 5.0 million stock picks submitted by individual users to the “CAPS” website run by the Motley Fool company (www.caps…
/publications/dynamic-scoring-why-and-how-include-macroeconomic-effects-budget-estimates-legislative
Including macroeconomic effects in budget estimates for certain legislative proposals would improve the accuracy of those estimates and…
/publications/self-control-and-commitment-can-decreasing-liquidity-savings-account-increase-deposits
If individuals have self-control problems, they may take up commitment
contracts that restrict their spending. We experimentally…
The pollution haven hypothesis suggests that unilateral domestic climate change mitigation
policy would impose significant economic costs…