Ownership and the Price of Residential Electricity: Evidence from the United...
In this paper, we quantify the difference between public and private prices of residential electricity immediately before and after major federal reforms in the 1930s and 1940s. Previous research found...
View ArticleTheory and Measurement: Emergence, Consolidation and Erosion of a Consensus...
We identify three separate stages in the post-World War II history of applied microeconomic research: A generally non-mathematical period; a period of consensus (from the 1960s through the early 1990s)...
View ArticleThe Race Between Machine and Man: Implications of Technology for Growth,...
The advent of automation and the simultaneous decline in the labor share and employment among advanced economies raise concerns that labor will be marginalized and made redundant by new technologies....
View ArticleWhat is the Marginal Benefit of Payment-Induced Family Care? -- by Norma B....
Research on informal and formal long-term care has centered almost solely on costs; to date, there has been very little attention paid to the benefits. This study exploits the randomization in the Cash...
View ArticleGender Based Occupational Segregation and Sex Differences in Sensory, Motor...
While the gender pay gap continues to decline, gender occupational segregation in the labor market has changed little in recent decades. Research on sex differences in humans provides "lab evidence" of...
View ArticleThe Granular Nature of Large Institutional Investors -- by Itzhak Ben-David,...
Over the last four decades, the concentration of institutional assets in equity markets has increased dramatically. We conjecture that large institutions are granular, that is, they cannot be reduced...
View ArticleWhich Social Cost of Carbon? A Theoretical Perspective -- by Matthew J. Kotchen
This paper develops a theoretical foundation for the social cost of carbon (SCC). The model highlights the source of debate over whether countries should use the global or domestic SCC for regulatory...
View ArticleLow-quality Patents in the Eye of the Beholder: Evidence from Multiple...
Low-quality patents are of considerable concern to businesses operating in patent-dense markets. There are two pathways by which low-quality patents may be issued: the patent office may apply...
View ArticleBernanke's No-arbitrage Argument Revisited: Can Open Market Operations in...
We first show that, at least in theory, open market operations in real assets can be a useful tool for overcoming a liquidity trap because they change the inflation incentives of the government, and...
View ArticleDesigning Policies to Make Cars Greener: A Review of the Literature -- by...
We review what is known about the economic efficiency of fuel taxes relative to efficiency standards aimed at mitigating environmental externalities from automobiles. We present a simplified model of...
View ArticleThe Division of Labor in Teams: A Conceptual Framework and Application to...
Even though teams have become the dominant mode of knowledge production, little is known regarding how they divide work among their members. Conceptualizing knowledge production as a process involving...
View ArticleCollective Action in an Asymmetric World -- by Cuicui Chen, Richard J....
A central authority, possessing tax and expenditure responsibilities, can readily provide an efficient level of a public good. Climate change mitigation lacks a central authority. Thus, voluntary...
View ArticleUAE Ministry Of Justice And Abu Dhabi Global Market Agree To Cooperate On The...
The United Arab Emirates Ministry of Justice and Abu Dhabi Global Market Courts (ADGM Courts) today signed a Memorandum of Understanding (MoU) concerning a wide range of legal and judicial matters. In...
View ArticleCME Group Expands Base Metals Offering With New Aluminum A380 Alloy (S&P...
CME Group, the world's leading and most diverse derivatives marketplace, today announced it will expand its base metals offering with the introduction of a new Aluminum A380 Alloy (S&P Global...
View ArticleBursa Malaysia Securities Publicly Reprimands Johan Holdings Berhad For...
Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded Johan Holdings Berhad (JOHAN) in respect of the company’s fourth quarterly report for the financial year...
View ArticleIncreased Liability in the Face of Uncertain Data Regulations
By Beata Aldridgeread more...
View ArticleHKEX: Scrip Dividend Scheme In Relation To The Final Dividend For The Year...
At HKEX’s annual general meeting held on 28 April 2016, the Shareholders approved the payment of the Final Dividend, as recommended by the Board, which will be payable in cash with a scrip alternative...
View ArticleFESE European Equity Market Report â April 2016 Figures
The European Equity Market Report is a piece of analysis that allows for an accurate comparison of trading statistics across European trading venues.read more...
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Second Insurance Firm Implements Z/Yenâs Distributed Ledger Technology
Z/Yen Group is pleased to announce that Blem Information Management Ltd’s XLRAS reinsurance administration system now uses Z/Yen’s MetroGnomo timestamping and document retrieval system to increase...
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