This Week in Occupational Licensing, June 5th
News and Commentary The U.S. Marine Corps is following the lead set by the Air Force and Army by offering the spouses of active-duty military up to $500 in reimbursement [...]
News and Commentary The U.S. Marine Corps is following the lead set by the Air Force and Army by offering the spouses of active-duty military up to $500 in reimbursement [...]
In keeping with our mandate to provide advice on the broad range of policy issues raised by the development and use of genetic technologies as well as our charge to [...]
Forty years ago, Justice Stephen Breyer expressed serious doubts about the economic soundness of extending copyright protection to computer programs in his seminal article, The Uneasy Case for Copyright. A [...]
News and Commentary Lyndsey Jefferson of Chatham House interviewed Matthew Oxenford on the dangers of financialization. We've gone past the tipping point where an increase in the size of the [...]
We investigate the effect of house prices on household borrowing using administrative mortgage data from the United Kingdom and a new empirical approach. The data contain household-level information on house [...]
This paper shows that a macro model with segmented financial markets can generate sizable movements in housing prices in response to changes in credit conditions. We establish theoretically that reductions [...]
Liquidity shocks transmitted through interbank connections contributed to bank distress during the Great Depression. New data on interbank connections reveal that banks were much more likely to close when their [...]
News and Commentary Defendants in a copyright suit brought against countless sites, ranging from Breitbart to Vox to Time, over whether or not they can post a picture uploaded by [...]
We study reward-based crowdfunding campaigns, a new class of dynamic contribution games where consumption is exclusive. Two types of backers participate: buyers want to consume the product while donors just [...]
News and Commentary California SB 330, introduced by Nancy Skinner, passed the senate and heads to the assembly. The bill makes the bold SB 50 look timid--it would freeze most [...]