Advanced Concepts 7 min read
Women in Economics Report Rampant Sexual Assault and Bias
A panel discussion at the American Economic Association conference in Atlanta in January. The association has announced several measures to…
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Advanced Concepts 7 min read
Alan B. Krueger, Economic Aide to Clinton and Obama, Is Dead at 58
President Barack Obama introduced Alan B. Krueger as the next chairman of the Council of Economic Advisers in a Rose…
Advanced Concepts 4 min read
Alan Krueger’s Two Lessons
Alan Krueger devoted part of his decorated career as an economist to studying happiness. One time, when he and I…
Advanced Concepts 7 min read
Repayment flexibility and risk taking: Evidence from credit contract
Starting or expanding a business often entails undertaking costly and risky investments. In developing countries, where credit and insurance markets…
Advanced Concepts 6 min read
The dark side of decision-making in groups: Nastiness to outsiders
Plato wrote about the limits of democracy, as did the founding fathers of the American constitution. More recently, social scientists…
Advanced Concepts 7 min read
Assortative matching in cities
In most countries around the world, there are large internal wage disparities between cities (Moretti 2011, Combes et al. 2008).…
Advanced Concepts 7 min read
The return on information technology
The interest from economists and politicians in information technology (IT) is not new. However, opinions among economists about the importance…
Advanced Concepts 6 min read
The short-run effects of GDPR on technology venture investment
On 25 May 2018, the EU’s sweeping new data law went into effect. The General Data Protection Regulation (GDPR) is…
Advanced Concepts 6 min read
The role of high deductibles in healthcare spending growth
An enduring goal of health policy around the world is improving quality while reducing costs. This goal is particularly pressing…
Advanced Concepts 6 min read
The economics of cryptocurrency pump and dump schemes
The digital currency bitcoin (BTC) was introduced in 2009. Bitcoin and the many other digital currencies are primarily online currencies.…
Advanced Concepts 8 min read
Leverage, financial shocks, and firm growth in the US
There is an extensive literature studying the growth and employment dynamics of US firms over their life-cycle (for one of the…
Advanced Concepts 5 min read
Retail investors are not noise traders
Much of the literature on investments and investor types labels individual or retail investors as ignorant, uninformed, and trading on…
