There is a low but uncertain probability that climate change could trigger “mega-catastrophes,” severe and at least partly irreversible…
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment influences the choices of…
Defaults often have a large influence on consumer decisions. We identify an overlooked but practical alternative to defaults: requiring…
Please note that this paper has been revised and is now posted in our series as RWP10-001.
Informal payments are a frequently overlooked source of local public finance in developing countries. We use microdata from ten countries…
The savings, home values, and portfolios of U.S. families have been hard hit in the recent financial crisis, which has raised concerns for…
The literature on the use of performance measurement in government has focused much attention on hypothesized unintended dysfunctional…
A standard result in regulation is that efficiency requires that marginal prices be set equal to marginal costs. This paper performs an…
Americans purchase health insurance in various ways. Some buy individual policies. For them, medical underwriting is common, and…
Why are some places more entrepreneurial than others? We use Census Bureau data to study local determinants of manufacturing startups…