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Intergenerational Mobility and Preferences for Redistribution -- by Alberto...

Using newly collected cross-country survey and experimental data, we investigate how beliefs about intergenerational mobility affect preferences for redistribution in five countries: France, Italy,...

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Prison Work Programs in a Model of Deterrence -- by A. Mitchell Polinsky

This article considers the social desirability of prison work programs in a model in which the function of imprisonment is to deter crime. Two types of prison work programs are studied--voluntary ones...

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Faculty Deployment in Research Universities -- by Paul N. Courant, Sarah Turner

Deploying faculty efficiently (or more efficiently) should surely part of any optimizing strategy on the part of a college or university. Basic microeconomics about the "theory of the firm" provide...

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Gasoline Price Uncertainty and the Design of Fuel Economy Standards -- by...

What are the implications of gasoline price volatility for the design of fuel economy policies? I show that this problem has a strong parallel to Weitzman's (1974) classic model of using price or...

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Maximizing the Impact of Climate Finance: Funding Projects or Pilot Projects?...

This paper contributes to the understanding of how to maximize the impact of publicly provided climate finance to leverage the private sector. Agencies seeking to promote private investment in support...

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Expectation, Disappointment, and Exit: Reference Point Formation in a...

We study expectation-based reference point formation using data from an online auction marketplace. We hypothesize that exit from the marketplace is affected by disappointment from abruptly losing an...

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The Changing Structure of Africa's Economies -- by Xinshen Diao, Kenneth...

Using data from the Groningen Growth and Development Center's Africa Sector Database and the Demographic and Health Surveys, we show that much of Africa's recent growth and poverty reduction has been...

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Cool to be Smart or Smart to be Cool? Understanding Peer Pressure in...

Concerns about social image may negatively affect schooling behavior. We identify two potentially important peer cultures: one that stigmatizes effort (thus, where it is "smart to be cool") and one...

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Federal Funding of Doctoral Recipients: Results from new Linked Survey and...

Funding of research is critically important because it affects the flow of new, doctorally qualified scientists into the workforce. This paper provides new insights into how survey data can be combined...

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Research Funding and Regional Economies -- by Nathan Goldschlag, Stefano...

Public support of research typically relies on the notion that universities are engines of economic development and that university research is a primary driver of high wage localized economic...

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Childhood Circumstances and Adult Outcomes: Act II -- by Douglas Almond,...

That prenatal events can have life-long consequences is now well established. Nevertheless, research on the Fetal Origins Hypothesis is flourishing and has expanded to include the early childhood...

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The Factory-Free Economy: Outsourcing, Servitization and the Future of...

The shift towards a "factory-free" economy has drawn the attention of policy makers in North America and Europe. Some politicians have articulated alarming views, initiating mercantilist or...

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Commodity Price Forecasts, Futures Prices and Pricing Models -- by Gonzalo...

Even though commodity pricing models have been successful in fitting the term structure of futures prices and its dynamics, they do not generate accurate true distributions of spot prices. This paper...

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January 2017 Data Update 1: The Promise and Perils of "Big Data"!

Each year, for the last 25 years, I have spent the first week playing Moneyball, with financial data. I gather accounting and market data on all publicly traded companies, listed globally, and then try...

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Corzine Reaches $5 Million Settlement With Regulators in MF Global Case

Corzine Reaches $5 Million Settlement With Regulators in MF Global Case https://t.co/bwa6rdWp6u — John Lothian (@JohnLothian) January 6, 2017

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Derivatives Analytics with Python: Data Analysis, Models, Simulation,...

Book - Derivatives Analytics with Python: Data Analysis, Models, Simulation, Calibration & Hedging- Y Hilpisch https://t.co/jxoGya6gz5 @dyjh — moneyscience…

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Trumponomics 'will not work', say Nobel-winning economists

Trumponomics gets the thumbs down from Nobel-winning economists at AFA Annual Meeting https://t.co/QQf8GnTnVT — moneyscience (@moneyscience) January 9, 2017

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Property Safety Stock Policy for Correlated Commodities Based on Probability...

Deriving the optimal safety stock quantity with which to meet customer satisfaction is one of the most important topics in stock management. However, it is difficult to control the stock management of...

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Leading An Accounting Firm: The Pyramid of Success

The secret ingredient to any successful firm is great leadership. Fortunately, this new book demonstrates that great leadership skills can be nurtured and learned.read more...

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Becoming a Contract Controller: Tips for a Thriving Career

Opportunities for part-time or contract controllers and financial executives have grown exponentially in recent years. If you’ve ever considered following this fast-growing trend and striking out on...

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