Historically, capital flow bonanzas have often fueled sharp credit expansions in advanced and emerging market economies alike. Focusing…
In 2007 a prominent British alternative-rock band, Radiohead, pre-released its album In
Rainbows online, and asked their fans to "pick-…
The objective of this paper is to provide a new historical perspective on postwar US economic growth and consider the prospects for…
Sensible regulatory requirements can reduce illnesses and accidents, protect the environment, and maintain quality of life. But when…
A regulator, seeking to maximize net benefits, must choose between rules and standards and then set a level of care. The regulated agents…
In this paper we study the impact of different forms of access obligations on firms’ incentives to migrate from the legacy copper network…
We develop a numerical life-cycle model with choice over consumption and leisure, stochastic mortality and labor income processes, and…
Please see ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-046 for the latest version of "The Competitiveness Impacts of Climate Change…
We consider all-pay auctions in the presence of interdependent, affiliated valuations and private budget constraints. For the sealed-bid,…