Economics DepartmentNovember 13, 2020“I show that the explosion of financial technologies for retail investors does not guarantee broad increases in household wealth. Instead, the sophisticated investors who already have relatively high levels of wealth are most likely to benefit from many of the new technologies.”
Petra Moser and Michela Giorcelli’s paper on copyright protection, featured in an animation by econimateOctober 14, 2020
Economics DepartmentJuly 17, 2020COVID-19 is a classic example of radical uncertainty. We knew that pandemics were likely but we did not know enough to attach a probability to an event such as “a virus will emerge from Wuhan in China in December 2019”. We do not know what the future will hold.
Economics DepartmentJuly 17, 2020When the President Calls (MIT Press, 2019) features interviews with 35 economic policymakers who served US presidents from Nixon to Trump.