The output effect of fiscal consolidation plans. Alberto Alesina, May 2014, Paper. "We show that the correct experiment to evaluate the…
Sovereigns, Upstream Capital Flows and Global Imbalances. Laura Alfaro, May 2014, Paper. "We construct measures of net private and public…
The Real Effects of Capital Controls: Liquidity Constraints, Exporters, and Firm Investment. Laura Alfaro, May 2014, Paper. "This paper…
Poultry in Motion: A Study of International Trade Finance Practices. Pol Antras, C. Fritz Foley, May 2014, Paper. "This paper analyzes the…
Costs and Benefits to Phasing Out Paper Currency. Kenneth Rogoff, May, 2014, Paper. "Despite advances in transactions technologies, paper…
Has the Financial Crisis Permanently Changed the Practice of Monetary Policy? Has It Changed the Theory of Monetary Policy? Benjamin…
When Does Education Matter? The Protective Effect of Education for Cohorts Graduating in Bad Times. David Cutler, May 1, 2014, Paper. “…
A General Rationale for a Governmental Role in the Relief of Large Risks. Steven Shavell, May 1, 2014, Paper. “The government often…
Central Bank Balance Sheets: Expansion and Reduction since 1900. Niall Ferguson, May 2014, Paper. "In this paper we study the…
We consider all-pay auctions in the presence of interdependent, affiliated valuations and private budget constraints. For the sealed-bid,…