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Moral hazard--the tendency to change behavior when the cost of that behavior will be borne by others--is a particularly tricky question…
Immigrant Entrepreneurship. William R. Kerr, December 2014, Paper. "This chapter examines immigrant entrepreneurship and the survival and…
Product Mix and Firm Productivity Responses to Trade Competition. Marc Melitz, December 2014, Paper. "In this paper, we document…
Neglected Risks: The Psychology of Financial Crises, Andrei Shleifer, December 2014, Paper, Financial crises are supposed to be…
Human Rights and the Challenges of Science and Technology, Stephen Marks, December 2014, Paper. "The expansion of the corpus of…
Private Equity, Jobs, and Productivity. Josh Lerner, 2014, Paper. "Private equity critics claim that leveraged buyouts bring huge job…
Over thirty years, the Aspen Strategy Group has shied from no crisis or tense relationship troubling the world, from the Middle East to…