The Critical Role of Markets in Climate Change Adaptation -- by Sarah E....
This paper summarizes and synthesizes the role of markets in facilitating climate change adaptation. It explains how market signals encourage adaptation through land markets. It also identifies...
View ArticleDo 'All-Age' Bicycle Helmet Laws Work? Evidence from Canada -- by Christopher...
Twenty-one states and the District of Columbia require youths to wear helmets when riding a bicycle, and there has been a push to extend such laws to adults. We provide new evidence on helmet laws by...
View ArticlePractical Policy Evaluation -- by Narayana R. Kocherlakota
In the wake of the Lucas Critique, the study of appropriate macroeconomic policy has largely focused on the comparison of different regimes/rules. In practice, few policymakers are faced with making...
View ArticleGenetic Endowments and Wealth Inequality -- by Daniel Barth, Nicholas W....
We show that genetic endowments linked to educational attainment strongly and robustly predict wealth at retirement. The estimated relationship is not fully explained by flexibly controlling for...
View ArticlePricing Long-Lived Securities in Dynamic Endowment Economies -- by Jerry...
We solve for asset prices in a general affine representative-agent economy with isoelastic recursive utility and rare events. Our novel solution method is exact in two special cases: no preference for...
View ArticleGlobal Melting? The Economics of Disintegration of the Greenland Ice Sheet --...
Concerns about the impact on large-scale earth systems have taken center stage in the scientific and economic analysis of climate change. The present study analyzes the economic impact of a potential...
View ArticleHeat and Learning -- by Joshua Goodman, Michael Hurwitz, Jisung Park,...
We provide the first evidence that cumulative heat exposure inhibits cognitive skill development and that school air conditioning can mitigate this effect. Student fixed effects models using 10 million...
View ArticleFrom Revolving Doors to Regulatory Capture? Evidence from Patent Examiners --...
Many regulatory agency employees are hired by the firms they regulate, creating a "revolving door" between government and the private sector. We study these transitions using detailed data from the US...
View ArticleTrends in Labor Force Participation of Older Workers in Spain -- by Pilar...
Similar to other OECD countries, labor force participation rates of Spanish older workers were falling until the mid-1990s when there was a reversal in the trend. Labor force participation rates of...
View ArticleWhy are People Working Longer in the Netherlands? -- by Adriaan Kalwij, Arie...
Labor force participation at older ages has been rising in the Netherlands since the mid-nineteen-nineties. Reforms of the social security and pension systems have often been put forward as main...
View ArticleBank of Russia Official: Still Too Early to Gauge Blockchain's Potential
A senior official at Russia's central bank has said blockchain technology is immature but may have industrial-scale applications.
View ArticleVermont Governor Signs Bill Clearing Way for Blockchain Companies
Vermont's governor has signed a bill allowing for the creation of so-called "blockchain-based limited liability corporations," public records show.
View ArticleIMF Official: Central Banks Need to Compete With Crypto
An IMF official believes central banks need to offer "better" fiat currencies in order to fend off potential competition from cryptocurrencies.
View ArticleMastercard Looks to Blockchain to Make Coupons Immutable
A patent application from Mastercard suggests that the payments giant is eyeing blockchain as part of a way to verify the authenticity of coupons.
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The EOS Blockchain Launch: What Should Happen (And What Could Go Wrong)
One of the most widely anticipated blockchain project, EOS, is expected to release its software this Saturday.
View ArticleHuobi Is Launching a Cryptocurrency Exchange-Traded Fund
The Huobi exchange announced on Friday that it is launching a cryptocurrency-related exchange-traded fund.
View ArticleTaking Back Power: An Upstart Government Plans to Tokenize Energy
The plan is to incentivize solar power generation by circumventing rules inhibiting its adoption made by Madrid.
View ArticlePapers Under Consideration Get a Sneak Peek with Cell Press on SSRN
Now, authors can opt -in to share their Cell Press papers under consideration. The papers will be hosted in a special Sneak Peek collection on SSRN. With Sneak Peek, authors can begin to get credit...
View ArticleBitmain's New AntMiner Is Drawing Criticism From Early Chinese Users
Bitmain has been criticized over one of its mining products, the AntMiner B3, with users making allegations about its marketing and quality control.
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