Family Inequality: Diverging Patterns in Marriage, Cohabitation, and...
The last 60 years have seen the emergence of a dramatic socioeconomic gradient in marriage, divorce, cohabitation, and childbearing. The divide is between college graduates and others: those without...
View ArticleRacial Sorting and the Emergence of Segregation in American Cities -- by...
Residential segregation by race grew sharply in the United States as black migrants from the South arrived in northern cities during the early twentieth century. The existing literature emphasizes...
View ArticleMirrlees meets Diamond-Mirrlees -- by Florian Scheuer, Ivan Werning
We show that the Diamond and Mirrlees (1971) linear tax model contains the Mirrlees (1971) nonlinear tax model as a special case. In this sense, the Mirrlees model is an application of...
View ArticleGlobal Energy Outlook 2015 -- by Richard G. Newell, Yifei Qian, Daniel Raimi
This paper assesses trends in the global energy sector through 2040 by harmonizing multiple projections issued by private, government, and inter-governmental organizations based on methods from "Global...
View ArticleNetwork Contagion and Interbank Amplification during the Great Depression --...
Interbank networks amplified the contraction in lending during the Great Depression. Banking panics induced banks in the hinterland to withdraw interbank deposits from Federal Reserve member banks...
View ArticleNational Policy for Regional Development: Evidence from Appalachian Highways...
How effective are policies aimed at integrating isolated regions? We answer this question using the construction of a highway system in one of the poorest regions in the United States. With...
View ArticleBargaining over Babies: Theory, Evidence, and Policy Implications -- by...
It takes a woman and a man to make a baby. This fact suggests that for a birth to take place, the parents should first agree on wanting a child. Using newly available data on fertility preferences and...
View ArticleThe Performance of Elected Officials: Evidence from State Supreme Courts --...
This paper provides evidence on the effect of electoral institutions on the performance of public officials. Using panel data on state supreme courts between 1947 and 1994, we measure the effects of...
View ArticleThe Purpose of Trade Agreements -- by Gene M. Grossman
This paper reviews the literature on governments' motivations for negotiating and joining international trade agreements. I discuss both normative explanations for trade agreements and explanations...
View ArticleFamilies in Macroeconomics -- by Matthias Doepke, Michele Tertilt
Much of macroeconomics is concerned with the allocation of physical capital, human capital, and labor over time and across people. The decisions on savings, education, and labor supply that generate...
View ArticleCompetitive Price Targeting with Smartphone Coupons -- by Jean-Pierre H....
We conduct a large-scale field experiment to study competitive price discrimination in a duopoly market with two rival movie theaters. The firms use mobile targeting to offer different prices based on...
View ArticleU.S. Inequality, Fiscal Progressivity, and Work Disincentives: An...
This study combines the 2013 Federal Reserve Survey of Consumer Finances data and the Fiscal Analyzer, a highly detailed life-cycle consumption-smoothing program, to a) measure ultimate economic...
View ArticleHow Googleâs AI Viewed the Move No Human Could Understand
How Googleâs AI Viewed the Move No Human Could Understand https://t.co/CbmANW5cPh â moneyscience (@moneyscience) March 14, 2016
View ArticleQuietly, symbolically, US control of the internet was just ended
Quietly, symbolically, US control of the internet was just ended https://t.co/TUB46R6j8x â moneyscience (@moneyscience) March 14, 2016
View Articlehttps://t.co/Zi3aPABqvA
A previously unnoticed property of prime numbers seems to violate a longstanding assumption about how they behave https://t.co/Zi3aPABqvA â moneyscienceâ¦
View ArticleETFs/ETPs Listed Globally Have Gathered 10.80 Billion US Dollars In Net New...
ETFs/ETPs listed globally have gathered US$10.80 in net new assets in February 2016, according to preliminary data from ETFGI’s February 2016 global ETF and ETP industry insights report. ETFs/ETPs...
View ArticleChronos Solutions To Acquire Cutting Edge Mortgage Technology Company Cogent...
Chronos Solutions, a national real estate finance services provider, has agreed to acquire Cogent Road, a San Diego-based mortgage technology company. The acquisition will allow Chronos to expand its...
View ArticleEC And IMF Meet To Further Strengthen Partnership
European Commissioner for International Cooperation and Development, Neven Mimica, and International Monetary Fund (IMF) Deputy Managing Director, Carla Grasso, met on March 14, 2016 in Brussels to...
View ArticleCBOE Holdings Announces Date Of First-Quarter 2016 Earnings Release And...
CBOE Holdings, Inc. (NASDAQ: CBOE) will announce its financial results for the first quarter of 2016 before the market opens on Friday, April 29, 2016. A conference call with remarks by CBOE Holdings,...
View ArticleCFTC Orders Florida-based IBFX, Inc. (f/k/a TradeStation Forex, Inc.) To Pay...
The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Plantation, Florida-based IBFX, Inc. (IBFX), formerly known asTradeStation...
View Article