A modest approximation by homebuyers leads house prices to display three features that are present in the data but usually missing from…
When households increase their deposits in formal bank savings accounts, what
is the source of the money? We combine high-frequency surveys…
The Power of Transparency:
Information, Identification
Cards, and Food Subsidy
Programs in Indonesia
Information, Identification
Cards, and Food Subsidy
Programs in Indonesia
Can governments improve aid programs by providing information to
beneficiaries? In our model, information can change how much aid citizens…
In many countries, polling day ends with disputes about ballot-box fraud, corruption, and flawed registers. Which claims are legitimate?…
This paper explores the menu of options for renormalizing public debt levels relative to nominal activity in the long run, should…
Carbon sequestration—the process of moderating global climate change by removing carbon dioxide from the atmosphere and storing it in long-…
Tips and Tells from Managers: How Analysts and the Market Read Between the Lines of Conference Calls
Stock prices react significantly to the tone (negativity of words) managers use on earnings conference calls. This reaction reflects…
Climate change is real and dangerous. Exactly how bad it will get, however, is uncertain. Uncertainty is particularly relevant for…
Negotiations pursuant to the Durban Platform for Enhanced Action appear likely to lead to a 2015 Paris agreement that embodies a hybrid…
Energy-efficient technologies offer considerable promise for reducing the financial costs and environmental damages associated with energy…