In this paper we ask whether tighter monetary and fiscal policies are the right way to face a sudden stop (a sudden curtailment in capital…
In this paper, we first provide a simple framework for cooperation in product development between competitors. We put forward the tradeoff…
There is growing impetus for a domestic U.S. climate policy that can provide meaningful reductions in emissions of CO2 and other greenhouse…
We present a method for evaluating the welfare of a decision maker, based on observed choice data. Unlike the standard economic theory of…