Shadow Banking and Financial Regulation
The so-called “shadow banking” system arose over recent decades and achieved full bloom just prior to the recent financial crisis. That system proved unstable. And the shadow banking system was [...]
Improving America’s Housing, 2019
The U.S. market for home improvement and repair is now well over $400 billion annually as the housing stock faces pressure to meet the nation's growing and changing housing needs. [...]
Health Care Spending in the United States Compared With 10 Other High-Income Countries
In this issue of JAMA, Papanicolas and colleagues compared health care spending in the United States with health care spending in a select group of 10 of the highest-income countries [...]
Crowdfunding money for research levels the playing field
Digital crowdfunding platforms that raise money directly from citizens have created an alternative source of research funding. This column analyses data from the largest science crowdfunding platform, Experiment.com. It finds [...]
Annual Intellectual Property Report to Congress
This paper studies the effects of the USPTO's patent secrecy program in World War II, under which approximately 11,200 U.S. patent applications were issued secrecy orders which halted examination and [...]
The Impact of the Dodd-Frank Act on Small Business
There are concerns that the Dodd-Frank Act (DFA) has impeded small business lending. By increasing the fixed regulatory compliance requirements needed to make business loans and operate a bank, the [...]
Taxes and Corporate Finance: A Review
This paper reviews tax research related to domestic and multinational capital structure, payout policy, compensation policy, risk management, and organizational form. For each topic, the theoretical arguments explaining how taxes [...]
Gentrification in the wake of a hurricane: New Orleans after Katrina
Hurricane Katrina struck the city of New Orleans in August of 2005, devastating the built environment and displacing nearly one-third of the city’s residents. Despite the considerable literature that exists [...]
Growth in retail-based clinics after nurse practitioner scope of practice reform.
Retail clinics are largely staffed by nurse practitioners (NPs) and are a popular destination for nonemergent care. We examined if there was a relationship between NP practice regulations and retail [...]
FinTech, RegTech and Reconceptualization of Financial Regulation
The regulatory changes and technological developments following the 2008 Global Financial Crisis are fundamentally changing the nature of financial markets, services and institutions. At the juncture of these two phenomena [...]