Raquel Fernández and Alberto Martín explore the role of debt maturity on the frequency with which a country enters a debt crisis and on the severity of the latter.
Ariadna Dumitrescu and Javier Gil-Bazo explore whether familiarity bias among investors may help shape competition among funds, persistence of fund performance, and fees charged.
Using a controlled lab experiment, Arthur Schram, Jordi Brandts, and Klarita Gërxhani find that women and men perform differently when they know beforehand that their results will be ranked and made public.
Jan Eeckhout and Nezih Guner analyze how federal income taxes affect the size of cities by characterizing how optimal taxes reallocate workers across cities in the United States, and the implications for the overall economy.
Are parents really picking their preferred schools or merely going the safe route? Caterina Calsamiglia and Maia Güell show that Barcelona’s school choice program leads parents to effectively pick a neighborhood-based schooling assignment for their children – and that some parents are not as naïve is they may seem.
Benito Arruñada explores the palliative methods used by Roman law to enable market exchange.