The volume explores the philosophical conflict between German Ordoliberalism and Anglo-Saxon or American pragmatism. This chapter asks…
This paper estimates the effect of Chapter 13 bankruptcy protection on financial health using a new data set linking bankruptcy filings to…
This article reviews the design of environmental
markets for pollution control over the past 30 years,
and identifies key market-design…
The past thirty years have seen a dramatic decline in the rate of income convergence across states and in population flows to high-income…
The US has plenty of experience with irresponsible tax cuts. Yet its leaders seem not to have learned their lesson. Should Republicans…
Consumer search serves productive roles in an economy with multiple goods. In equilibrium, search promotes the sorting of consumers among…
The slow observed rate of productivity growth in recent years has been a source of disappointment, concern, and—to some extent—surprise in…
Through an evaluation of the 2009 Recovery Act's State Energy Efficient Appliance Rebate Program, this paper examines consumers' response…
Many Americans live paycheck to paycheck, carry revolving credit balances, and have
little liquidity to absorb financial shocks (Angeletos…
Popular commentary often points to the lower lifetime earnings and longer expected life spans of women relative to men as a reason to be…