Money Markets, Collateral and Monetary Policy -- by Fiorella De Fiore, Marie...
Interbank money markets have been subject to substantial impairments in the recent decade, such as a decline in unsecured lending and substantial increases in haircuts on posted collateral. This paper...
View ArticleShackling the Identification Police? -- by Christopher J. Ruhm
This paper examines potential tradeoffs between research methods in answering important questions versus providing more cleanly identified estimates on problems that are potentially of lesser interest....
View ArticleThe Causal Link between Relative Age Effect and Entrepreneurship: Evidence...
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur....
View ArticleMoney Markets, Collateral and Monetary Policy -- by Fiorella De Fiore, Marie...
Interbank money markets have been subject to substantial impairments in the recent decade, such as a decline in unsecured lending and substantial increases in haircuts on posted collateral. This paper...
View ArticleThe Causal Link between Relative Age Effect and Entrepreneurship: Evidence...
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur....
View ArticleShackling the Identification Police? -- by Christopher J. Ruhm
This paper examines potential tradeoffs between research methods in answering important questions versus providing more cleanly identified estimates on problems that are potentially of lesser interest....
View ArticleThe Causal Link between Relative Age Effect and Entrepreneurship: Evidence...
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur....
View ArticleMoney Markets, Collateral and Monetary Policy -- by Fiorella De Fiore, Marie...
Interbank money markets have been subject to substantial impairments in the recent decade, such as a decline in unsecured lending and substantial increases in haircuts on posted collateral. This paper...
View ArticleThe Causal Link between Relative Age Effect and Entrepreneurship: Evidence...
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur....
View ArticleShackling the Identification Police? -- by Christopher J. Ruhm
This paper examines potential tradeoffs between research methods in answering important questions versus providing more cleanly identified estimates on problems that are potentially of lesser interest....
View ArticleThe Causal Link between Relative Age Effect and Entrepreneurship: Evidence...
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur....
View ArticleShackling the Identification Police? -- by Christopher J. Ruhm
This paper examines potential tradeoffs between research methods in answering important questions versus providing more cleanly identified estimates on problems that are potentially of lesser interest....
View ArticleMoney Markets, Collateral and Monetary Policy -- by Fiorella De Fiore, Marie...
Interbank money markets have been subject to substantial impairments in the recent decade, such as a decline in unsecured lending and substantial increases in haircuts on posted collateral. This paper...
View ArticleThe Efficiency and Distributional Effects of Alternative Residential...
Electricity tariffs typically charge residential users a volumetric rate that covers the bulk of energy, transmission, and distribution costs. The resulting prices, charged per unit of electricity...
View ArticleImmigrant Entrepreneurs and Innovation in the U.S. High-Tech Sector -- by J....
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms...
View ArticleVisibility Bias in the Transmission of Consumption Beliefs and Undersaving --...
We study how bias in the social transmission process affects contagion of consumption beliefs and behavior. In the model, consumption is more salient than non-consumption. This visibility bias causes...
View ArticleWhen Labor’s Lost: Health, Family Life, Incarceration, and Education in...
The economic progress of U.S. men has stagnated in recent decades, with declining labor force participation and weak growth in real earnings, particularly for less educated and non-white men. In this...
View ArticleBringing Satellite-Based Air Quality Estimates Down to Earth -- by Meredith...
We use state-of-the-art, satellite-based PM2.5 estimates to assess the extent to which the EPA's existing, monitor-based measurements over- or under-estimate true exposure to PM2.5 pollution. Treating...
View ArticleRetirement Implications of a Low Wage Growth, Low Real Interest Rate Economy...
We examine the implications of persistent low real interest rates and wage growth rates on individuals nearing retirement. We begin by reviewing the concept of r star â the long-term real, safe...
View ArticleThe Endowment Model and Modern Portfolio Theory -- by Stephen G. Dimmock,...
We develop a dynamic portfolio-choice model with illiquid alternative assets to analyze conditions under which the âEndowment Model,â used by some large institutional investors such as university...
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