Subsidizing Health Insurance for Low-Income Adults: Evidence from...
How much are low-income individuals willing to pay for health insurance, and what are the implications for insurance markets? Using administrative data from Massachusetts' subsidized insurance...
View ArticlePeople Versus Machines: The Impact of Minimum Wages on Automatable Jobs -- by...
We study the effect of minimum wage increases on employment in automatable jobs - jobs in which employers may find it easier to substitute machines for people - focusing on low-skilled workers from...
View ArticleMacro and Micro Dynamics of Productivity: From Devilish Details to Insights...
Researchers use a variety of methods to estimate total factor productivity (TFP) at the firm level and, while these may seem broadly equivalent, how the resulting measures relate to the TFP concept in...
View ArticleShopping for Lower Sales Tax Rates -- by Scott R. Baker, Stephanie Johnson,...
Using comprehensive high-frequency state and local sales tax data, we show that household spending responds strongly to changes in sales tax rates. Even though sales taxes are not observed in posted...
View ArticleDebt and Financial Vulnerability on the Verge of Retirement -- by Annamaria...
We analyze older individuals' debt and financial vulnerability using data from the Health and Retirement Study (HRS) and the National Financial Capability Study (NFCS). Specifically, in the HRS we...
View ArticleSystematic Managed Floating -- by Jeffrey A. Frankel
A majority of countries neither freely float their currencies nor firmly peg. But most of the remainder in practice also don't obey such well-defined intermediate exchange rate regimes as target zones....
View ArticleConsumer Learning and the Entry of Generic Pharmaceuticals -- by Neha...
Generic pharmaceuticals provide low-cost access to treatment. Despite their chemical equivalence to branded products, many mechanisms may hinder generic substitution. Consumers may be unaware of their...
View ArticleUnwelcome Guests? The Effects of Refugees on the Educational Outcomes of...
The world is experiencing the second largest refugee crisis in a century, and one of the major points of contention involves the possible adverse effects of incoming refugees on host communities. We...
View ArticleSchool Starting Age and Cognitive Development -- by Elizabeth Dhuey, David...
We present evidence of a positive relationship between school starting age and children's cognitive development from age 6 to 15 using a regression discontinuity design and large-scale population-level...
View ArticleA Billionaire Mathematician’s Life of Ferocious Curiosity
Profile: James H. Simons - A Life of Ferocious Curiosity https://t.co/vgcHjDbjRX Ć¢ĀĀ Risk Management (@Risk_Mgmt) August 14, 2017
View ArticleA General Class of Multifractional Processes and its Application to...
We introduce a general class of multifractional stochastic processes driven by a multifractional Brownian motion and study estimation of their pointwise H\"older exponents (PHE) using the localized...
View Article729 new measures of economic complexity (Addendum to Improving the Economic...
Recently we uploaded to the arxiv a paper entitled: Improving the Economic Complexity Index. There, we compared three metrics of the knowledge intensity of an economy, the original metric we published...
View ArticleMulti-scale analysis of lead-lag relationships in high-frequency financial...
We propose a novel estimation procedure for scale-by-scale lead-lag relationships of financial assets observed at a high-frequency in a non-synchronous manner. The proposed estimation procedure does...
View ArticleCFTC Orders Aruba-based Copersucar Trading A.V.V. to Pay a $300,000 Penalty...
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Copersucar Trading A.V.V. (Copersucar), an Aruban corporation and a subsidiary of...
View ArticleBrian Quintenz Sworn In as a Commissioner of the U.S. Commodity Futures...
Brian Quintenz was officially sworn in today, after being unanimously confirmed by the U.S. Senate on August 3, to serve as a Commissioner of the U.S. Commodity Futures Trading Commission (CFTC), the...
View ArticleValuation of a Bermudan DB underpin hybrid pension benefit....
In this paper we consider three types of embedded options in pension benefit design. read more...
View ArticleReframing Organizations: Artistry, Choice, and Leadership, 6th Edition
Reframing Organizations provides time-tested guidance for more effective organizational leadership. Rooted in decades of social science research across multiple disciplines, Bolman and Deal's...
View ArticleWhat's Wrong with Damn Near Everything!: How the Collapse of Core Values Is...
The Pitbull of Personal DevelopmentĀ®Ā Takes on Damn Near Everything!read more...
View ArticleStarting and Managing a Nonprofit Organization: A Legal Guide, 7th Edition
Starting and Managing a Nonprofit Organization is written to help anyone who's just getting their toes wet in the sector get up to speed on the critical information needed to protect their nonprofit's...
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