Discover how functional instrumental variable regression (FIVR) enhances economic analysis by providing a more nuanced view of immigration's effects on native wages.
Unlock the secrets to understanding economic forecasts. Learn how experts use multiple scenarios to predict market trends, manage risk, and make informed decisions in an uncertain world.
Explore how financial ratios from the housing market and firm balance sheets can predict economic growth, helping you make informed investment decisions.
Explore how economies can withstand shocks from pandemics and climate change. This analysis uses stochastic DICE models to assess long-term impacts and policy effectiveness.
Maximize auction profits by understanding order statistics! This article explores how the shape of bidder valuations—concave or convex—impacts auction design, bidder attraction, and reserve price strategies. Perfect for economists, business strategists, and anyone interested in data-driven decision-making.
Explore how behavioral science reshapes traditional matching markets. Discover innovative mechanisms accommodating diverse choice behaviors for enhanced stability and efficiency.
Are you being paid what you're worth? This article explores how concentrated labor markets allow companies to suppress wages, and what it means for your financial well-being.
Dive into the complexities of linear regression with instrumental variables, and discover how permutation tests provide a robust solution to identification problems, particularly in scenarios with conditional heteroskedasticity and heavy tails.
Discover how the standard Heteroskedasticity and Autocorrelation Robust (HAR) tests, crucial for economic analysis, falter when faced with unstable data. Learn how to navigate these pitfalls and uncover more reliable methods for understanding today's economic landscape.
Dive into the world of international trade through the lens of economic equilibrium. Learn how mathematical models expose vulnerabilities in global trade, predict recessions, and offer strategies to strengthen your financial future.
